In a recent statement to Helsingin Sanomat, Finnish Prime Minister Petteri Orpo conveyed that the government is not planning to abolish the inheritance and gift tax. This decision arises amid ongoing economic challenges, as Orpo highlighted that no viable solutions have been found to finance the elimination of these taxes. The Prime Minister's comments suggest a cautionary approach, encouraging businesses to take risks and invest rather than reducing tax burdens without a solid financial basis.

The proposed abolition of the inheritance and gift tax has long been a goal of Orpo's party, the National Coalition Party, and has garnered support from various business groups, including the Federation of Finnish Enterprises and several MPs from his own party. However, the idea has faced criticism from the opposition, which argues that the removal of this tax would primarily benefit the wealthy. Opposition MP Joona Räsänen emphasized that the focus should remain on equitable tax policies that serve broader societal needs rather than favoring high-income earners.

Orpo's remarks come at a time when economic recovery is top of the agenda in Finland, and his request for increased business investment highlights a broader strategy to stimulate growth without resorting to significant tax reforms that may create financial instability. The ongoing dialogue regarding inheritance tax may also reflect deeper ideological divides within Finnish politics about fiscal policy, social equity, and the role of government in redistributing wealth.