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GRAPHICS ⟩ For years, governments have had no idea what to do with taxes other than raise them

ГРАФИКИ ⟩ На протяжении многих лет правительства не знали, что делать с налогами, кроме как повышать их

The tax rally the government is using to fill the coffers will ultimately leave people with less money. How the tax hikes affect each individual will depend largely on their wealth and lifestyle. Here are the biggest tax changes of recent times. The government under Prime Minister Christen Michal is continuing the course chosen during Kaja Kallas' term: state revenues must be increased, and the only alternative is seen as a very painful reduction in expenditure. The government led by Prime Minister Kristen Michal is continuing the course chosen during Kaja Kallas' term: state revenues must be increased, and the only alternative is seen as very painful spending cuts. Photo: Eero Vabamägi

The tax rally the government is using to fill the coffers will ultimately leave people with less money. How the tax hikes affect each individual will depend largely on their wealth and lifestyle. Here are the biggest tax changes of recent times.

Translation: Eva Oyzhynska

Money must be earned before it can be spent. Earned income is subject to income tax, whether it is salary, rent or company dividends – the government demands its share.

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