Rising trade tax revenue in Hesse: A look at the figures 2024
Rising trade tax revenue in Hesse: A look at the figures 2024
In the first half of 2024, the Hessian municipalities achieved remarkable values in trade tax deposits. With a total volume of 3.6 billion euros, there is an increase of 8.1 percent compared to the previous year, which is a positive signal for the local economy. A closer look behind the numbers shows that not all municipalities could benefit equally.
increase in trade tax revenue
The analysis of the preliminary figures from the Hessian Statistical Office reveals that around 1.8 billion euros were generated in the first two quarters in the first half of 2024. This leads to a per capita volume of 557 euros for the population in Hesse, which meant compared to the 515 euros in the previous year that many municipalities were able to significantly increase their income.
differences between the municipalities
The differences in the individual cities are particularly striking: While 239 out of 421 municipalities were able to increase their income, others like Offenbach am Main and Wiesbaden experienced significant declines in trade taxes. Frankfurt am Main in particular stands out, which has achieved the largest share of the income at 1.4 billion euros, followed by Wiesbaden and Eschborn.per capita income and regional disparities
A clear difference between the independent and the cities belonging to the district. While the independent cities earned 1,155 euros per capita, the cities belonging to the district are only 364 euros. This gap could have an impact on the future development of infrastructure and public services in these regions.
meaning for the local economy
The increasing trade tax revenue is not only an indicator of the economic health of cities, but also an important factor for the financing of local projects. The funds can be used to improve infrastructure, support social projects or to promote educational institutions, which has a direct impact on the quality of life of the citizens.
summary and outlook
Overall, it can be seen that the positive growth of trade tax revenue in Hesse has both opportunities and challenges in the first half of 2024. While many municipalities benefit from an increase in their income, the inequality between the individual cities brings questions about future financial stability and development.
For detailed figures and further information on trade tax deposits, interested readers can view the table "Deposits from the trade tax (gross) of the Hessian communities" on the official website.
- Nag
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