Taxes: SPD parliamentary group: Talk about reduction for the working center class | EUROtoday

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SPD parliamentary group: Talk about reduction for the working center class

Achim Post (SPD) commented on Lidner's suggestions for relief.  Photo: Jonathan Penschek/dpa

Achim Post (SPD) commented on Lidner's ideas for reduction. picture

© Jonathan Penschek/dpa

Federal Finance Minister Christian Lindner (FDP) just lately offered proposals for reduction to the SPD and the Greens. Now the SPD parliamentary group is reacting.

The SPD parliamentary group is open to tax reduction, however needs to focus on staff and firms. “But it should be about the working middle class in this country – and not about top earners, who really need relief the least,” mentioned SPD parliamentary group vice-president Achim Post of the German Press Agency in Berlin.

Post was responding to ideas from Federal Finance Minister Christian Lindner (FDP). This needs to alleviate the burden on the economic system by progressively decreasing the solidarity surcharge and offering incentives for additional time. The FDP chief, Chancellor Olaf Scholz (SPD) and Economics Minister Robert Habeck (Greens) have offered corresponding plans, the “Spiegel” reported on Friday. But a call continues to be pending. According to the report, the proposed reduction measures have a complete quantity of nicely over 20 billion euros.

Post questions this strategy. “I also don't see how an abolition of the solidarity scheme for top earners could be financed given the strained budget situation,” he defined. “What is needed is an approach that brings together, not juxtaposes, further growth impulses, investments in the future and the strengthening of social cohesion.”

Lindner has just lately repeatedly advocated abolishing the solidarity surcharge step-by-step to help the economic system. It is presently paid by the highest ten % of taxpayers, together with many corporations. The Ministry of Finance mentioned on Friday that it was engaged on measures for an financial turnaround. At the identical time, Lindner's home emphasised: “The reporting is purely speculative.”