PUBLIC FINANCE · 30% TARGET ·

€193bn, €316bn or €350bn: how much is really left for tax cuts?

Three Plan scenarios confronted with the 2025 deficit and the 30% tax target.

€193bn, €316bn or €350bn: how much is really left for tax cuts?
€193bn, €316bn or €350bn: how much is really left for tax cuts?

Three bounds, not a magic number

The source Plan reports recurring steady-state savings of €193–316bn a year, with an upper case of €350bn including some indirect and exceptional gains. therefore does not treat €350bn as guaranteed.

ScenarioSavingsAfter closing 2025 deficitStatic levy ratio if all remaining room cuts taxesGap to 30%
Plan recurring low case€193bn€40.5bn42.25%€366.3bn
Plan recurring high case€316bn€163.5bn38.13%€243.3bn
Upper case incl. indirect / exceptional gains€350bn€197.5bn37.00%€209.3bn

This table assumes zero transition cost to show the theoretical ceiling. The simulator can add transition costs.

Policy consequence

The 30% target becomes a step-by-step trajectory: deficit first, then labour and production taxes, then further steps only after actual savings are certified.