2025 arrived with price hikes and taxes: Social Security expert reveals government's tax target: Per capita cost is staggering
With the arrival of the new year, citizens have begun to wonder about the amount of taxes that will come out of their pockets. With the year-end inflation target around 45 percent, a 30 percent hike in the minimum wage, and retirees expected to receive a raise of approximately 17 percent, the question of how 2025 will conclude is being raised. Social Security expert Ozan Bingöl has announced the government's tax target.
2025 arrived with price hikes. While millions of citizens are struggling to make ends meet, they are wondering how they will survive on a minimum wage of 22,104 liras. Meanwhile, it is being discussed that retirees will receive a raise of approximately 17 percent and that the lowest pension will be set at 15,000 liras.
From traffic fines to motor vehicle taxes (MTV) and IMEI registration fees, every item has seen a price hike today. As millions of citizens woke up to a new day with new price hikes, Social Security expert Ozan Bingöl announced the government's tax target for the new year.
A CITIZEN WILL PAY 147 THOUSAND LIRAS IN TAXES
According to Bingöl's calculations, the annual tax amount per capita in the new year will be 147,065 liras. According to Bingöl's calculations, the government's total tax revenue target for 2025 is 12 trillion 651 million liras.
TAX AMOUNT PER CAPITA
Stating that "the Medium-Term Program (OVP) 2025 population estimate is 86 million 26 thousand," Bingöl expressed that the annual tax per capita is 147,065 liras.
Sharing his calculations on his social media account, Bingöl stated that this amount is 3,501 dollars according to the average dollar exchange rate in the OVP.
I wish you all a happy new year. I don't want to ruin your mood, but here is the summary of 2025;
— Ozan Bingöl (@ozanbingoll) January 1, 2025
-Total tax revenue target 12 trillion 651 million liras
-OVP 2025 population estimate 86 million 26 thousand
-Annual tax per capita 147,065 liras
-3,501 dollars according to the average dollar exchange rate in the OVP pic.twitter.com/zC2ayWu0k7
News Source: 12punto
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