Scenario D: average growth −4.5% of tax revenue from 2017 to 2020 (Amounts in millions of ?

Y

GDP

TAX

01

02

03

04

05

06

TS

TAX NEW

2017

178.440

44.615

1.241

−954

338

2.267

3.170

−2.134

3.928

48.543

2018

170.410

42.607

1.185

−911

323

2.165

3.027

−2.038

3.751

46.358

2019

162.742

40.690

1.132

−870

308

2.068

2.981

−1.946

3.673

44.363

2020

155.419

38.859

1.081

−831

295

1.975

2.761

−1.858

3.423

42.282

Tax Saving:

14.775