Common Contracts
1 similar Budget Agreement contracts
Budget Agreement 2014 Madam Speaker,Budget Agreement • October 22nd, 2013
This package is a continuation of budgets presented at an earlier stage and/or related legislation and regulations including the Tax Plan 2014 (appendix 1). It contains a reduction of the burden of income taxes and social contributions, improving employment and short-term purchasing power. Furthermore, the marginal tax rate is reduced structurally. These income tax reductions are mainly covered by a number of environmental measures. Spending on education and innovation and income support for families with children is stepped up. In order to enable this, the public sector services price development correction in 2014 will be withheld and social security and health care expenditure will be additionally curbed.
