Economy
2027 State Budget: "There are no measures with a highly relevant impact on families"
The government's proposal for the 2027 State Budget includes a 3.88% update to IRS tax brackets and an increase in the threshold for the solidarity surcharge. Economist Ricardo Reis characterizes the budget as one of caution and continuity with limited direct impact on household finances.
Why it mattersIf you are a taxpayer in Portugal, the proposed 3.88% adjustment to tax brackets is intended to offset inflation, but analysts suggest the budget overall lacks measures that would significantly alter household disposable income.
