Fiscal policy
Increase budgets and possibilities for investment.
The current budget for 2025 and 2026 foresees revenues of 15B€ and expenditures of 17B€ with a deficit of 2.6% of GDP. EU contributions currently amount to 1.1B€ per year forecasted to be stable to at least the end of the Multiannual Framework (MFF) in 2027.
With Slovenia already having a comparatively high personal income tax rate, budget flexibility must not come through tax increases. We should rather try to maximize EU contributions, attract skilled workers to settle in Slovenia and focus on long term wealth generation.
Volt Slovenia proposes:
Tax reform
Simplify the tax code by unifying different types of capital gains taxes to have the same tax rates (rent, capital gains, crypto etc.)
Lower the income tax to make Slovenian wages competitive with other EU countries and replace the lost income tax with a wealth tax.
Increase the minimum income tax break to catch up with the inflation (splošna olajšava na dohodnino)
Lower the DDPO back to 15% to make investments into the Slovenian economy more attractive again and provide special tax brakes for investments into and for Slovenian startups
Stabilise revenues
Ensure EU contributions remain at least stable beyond 2027 by influencing the ongoing budget negotiations for the next MFF and blocking any proposals to significantly reduce the EU budget 2028-2034.
Increase future revenues
Promote Slovenia as tax residency by simplifying the onboarding of posted workers and providing best-in-class public services for everyone. Slovenia is an attractive destination to settle. High-skill posted-workers settling in Slovenia would increase tax revenues over time and provide a pool of potential future workers for the Slovenian industries.
Long term wealth creation and stability
Make contributions to the 2nd pension pillar mandatory with employees deciding on the amount and allocation based on different risk classes. Provide a default class of index funds and limit compensation of investment management.
Setup a public pension fund like the Swedish AP7 Såfa fund for the 2nd pillar of the pension system. Contributions of citizens that do not choose or have a private pension scheme, will go into the public pension fund with investments depending on age - equities until age 55 and then shifting to fixed income funds until retirement.
(v4 11-2025)