Independence Party deputy leader says government broke tax promises

Thursday 10th September 2026 on 00:45 in Iceland

Iceland, parliament, taxation

Jens Garðar Helgason, deputy leader of Iceland’s Independence Party, accused the government of breaking its promise not to raise taxes in a speech at Iceland’s parliament on Wednesday, mbl.is reported.

He recalled comments by the leader of Viðreisn when the government was formed, saying tax increases were not planned.

“Those were promises to people, ordinary people, and the country’s companies. But what has happened to the public since this government took office? Tax increases, tax increases and more tax increases. The promises have been broken,” he said.

Helgason said families were now paying higher interest on their homes and that tradespeople had fewer projects. He also said tourism companies outside the capital were facing increasing difficulties.

“The worst thing is that this government has learned nothing. The leader of the People’s Party still has the Visa card and has not stopped overspending with other people’s money,” Helgason said.

He said the government now planned to raise taxes and fees by a further 34 billion Icelandic krónur, in addition to the 30 billion imposed on the public almost a year ago.

“The promises are being broken again. Tourism is facing more than 11 billion krónur in new charges, the construction industry is being given heavier burdens and individuals are paying higher taxes. Patients are paying more, and an increase in the bank tax will push up interest rates. No one will escape, least of all the ordinary people whom the government intended to protect,” he said.

Source 
(via mbl.is)