This is how you would benefit from Lindner’s tax proposal

Berlin Christian Lindner (FDP) wants to relieve taxpayers of 10.1 billion euros in the coming year in view of the increased prices. The plans of the Federal Minister of Finance to reduce the so-called cold progression and child benefit were made public on Tuesday.

The financial experts understand cold progression as creeping tax increases, when a salary increase is eaten up by inflation, but the employee still has to pay more taxes. Lindner therefore wants to ensure a balance. The SPD and the Greens, on the other hand, are calling for targeted relief for people with little money. This is justified by the fact that otherwise high earners would benefit most from tax cuts.