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Oleg Gross: the government's planned tax increase is painful, but understandable

Олег Гросс: запланированное правительством повышение налогов болезненно, но объяснимо

Large businessman Oleg Gross said that the tax increase planned by the new government will be painful for people, but he understands that the state now needs to increase revenue. Still, Gross would like to see the government do more to cut costs, bureaucrats and bureaucracy. Oleg Gross at the gratitude ceremony of the Estonian Motor Sports Union in 2022. In the background is Defense Minister Hanno Pevkur. Oleg Gross at the gratitude ceremony of the Estonian Motor Sports Union in 2022. In the background is Defense Minister Hanno Pevkur. Photo: Mihkel Maripuu/Scanpix

Large businessman Oleg Gross said that the tax increase planned by the new government will be painful for people, but he understands that the state now needs to increase revenue. Still, Gross would like to see the government do more to cut costs, bureaucrats and bureaucracy.

Translation: Ewa Ojrzynska

The government plans to increase the general sales tax rate by two percent from July 1, 2025. Gross told Postimees that the increase in VAT will not reduce the consumption of food and basic necessities, but people will start looking for cheaper goods and shops.

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