Dusseldorf
If Federal Minister for Economic Affairs and Climate Protection Robert Habeck has his way, top earners will soon be paying higher taxes. He wants to relieve middle and small incomes. However, this is not the only desired reform of the Greens. You also advocate a special tax for those who benefit from high energy prices. Such an excess profit tax would primarily affect oil companies. The SPD sympathizes with these ideas, while the FDP strictly rejects them.
Even during the election campaign, tax cuts were a point of contention among the later coalition parties. This is one of the reasons why little was planned in the talks on the current legislative period in the area of tax policy. But things have changed since Russia invaded Ukraine.
A government official conceded that the second of the federal government’s two relief packages had partly gone unnoticed and may even have fueled inflationary tendencies. Real tax relief is therefore sometimes more effective than a tank discount.
Politics editor Martin Greive has analyzed the dispute over tax relief and burdens in more detail. In today’s episode of “Handelsblatt Today” he talks to host Lena Jesberg about campaign promises, the debt brake and the costs and benefits of the tax reforms discussed.
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