Espoo's moderate taxation is our competitive advantage
Espoo is in constant competition with Helsinki, Vantaa, and our other surrounding municipalities. Tax policy is part of this bigger picture, along with the value residents receive for their municipal and property taxes. I support the lightest possible taxation and efficiently managed administration, leaving as much money as possible for residents to use themselves. Basic services mandated by the Municipal Act must be handled properly and with quality, but above all, Espoo must respect its residents' right to their own wallets. In Espoo, we must:
- Set a medium-term goal of reducing the municipal tax rate below five percent from the current 5.36 percent.
- Prevent tax increases by all means. We are a wealthy city with good growth prospects that can maintain our services through responsible financial management.
- Keep property tax rates low and competitive; particularly, the property tax rate for permanent residences should be kept at the legally lowest tax rate, supporting single-family housing.