Commercial tax revenues in Hesse are increasing: Kassel records strong growth

Commercial tax revenues in Hesse are increasing: Kassel records strong growth

The Hessian communities show a positive development in trade tax revenue, which rose to a total of 3.6 billion euros in the first half of 2024. This result is an increase of 8.1 percent compared to the previous year, which indicates economic regeneration in many cities.

background and importance of increasing income

The significant increase in trade tax revenue not only has financial effects, but also influences local development in the affected communities. Tax additional income can be invested in the infrastructure, social projects or education and thus contribute to improving the quality of life of the citizens.

cross -community trends

of the 421 Hessian communities 239 recorded an increase in their trade tax revenue. This shows a general positive signal for the economy in Hesse, although there are also municipalities that had to record declines. Offenbach, Wiesbaden and Marburg were at the top of the negative developments.

the greatest growth

Frankfurt leads the list of the highest income with around 1.4 billion euros, followed by Wiesbaden and Eschborn. These cities benefit most from a strong economic basis that is funded by numerous companies and investments. Kassel, also among the winners, recorded an increase of 31 million euros.

differences between city and rural communities

The trade tax revenue show conspicuous differences between independent and circular cities. While the independent cities achieve an average of 1,155 euros per inhabitant, the revenue in the municipalities belonging to the district is only 364 euros per inhabitant. This could have long -term effects on the development of rural regions that may be dependent on additional support.

conclusion and outlook

The increasing trade tax revenue in Hesse reflects a positive economic climate that is important for both the municipalities and the residents. However, it remains to be seen how effectively the municipalities will use the additional means to improve the infrastructure and services for the population. The challenges for cities with falling income must also not be ignored because they have to develop new strategies to stabilize and expand their economic basis.

- Nag