Germany's 2027 budget includes nearly €10 billion in new taxes

Germany's draft federal budget for 2027 includes nearly €10 billion in additional tax revenues. Total expenditures amount to €555 billion, with new borrowings reaching around €200 billion. Finance Minister Lars Klingbeil stated that the government has managed to close a budget gap of €34 billion.

Authorities expect to collect about €750 million through higher tobacco taxes, €650 million from a new tax on sugary drinks, nearly €500 million from increased sparkling wine taxes, and another €1.26 billion from a plastic tax.

Approximately €6.5 billion will come from "cold progression"—the government does not plan to fully offset inflation in income tax. Rising nominal wages may push people into higher tax brackets even without real income growth.

Some CDU lawmakers are already demanding a revision of the draft. Financial expert Fritz Güntzler told BILD that the CDU will not allow increased burdens on the "working middle class" and will push for savings in other areas.