22:50 (19:50)⇢Government Slashes Taxes While Cutting Education and Aid
⌨The newspapers report on major government decisions from the midterm policy review. Finland's government is cutting income taxes by approximately one billion euros (Aamulehti, Helsingin Sanomat, Kaleva), lowering the corporate tax to 18% (Turun Sanomat), and reducing food VAT (Ilta-Sanomat). These tax cuts are coupled with spending cuts targeting higher education (Iltalehti, Kaleva), development aid (Hufvudstadsbladet, Helsingin Sanomat), and changes to inheritance tax thresholds (Maaseudun Tulevaisuus, Ilta-Sanomat). Prime Minister Orpo justifies these decisions saying that "welfare can only be secured through work and entrepreneurship" (Verkkouutiset).