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News Wire / politics

German Tax Estimate Predicts Billions In Revenue Shortfall

MDR Aktuell Berlin 11d5d Impact 8

Chancellor Merz and CSU leader Söder have recently expressed openness to a higher wealth tax. Disagreements exist regarding its implementation and scope. The Reform Party said immigration issues, while the Left Party focuses on combating far-right racist forces. The Bavarian People's Party has again raised the possibility of a referendum on Bavarian independence. This is the second national election held since Chancellor Stamo took office. German tax estimators indicated yesterday that municipal trade tax would be affected, leading to renewed calls for a wealth tax or higher inheritance tax. Friedrich Merz, leader of the CDU, stated yesterday in Berlin that entrepreneurs should not have to pay more income tax, promising his party would not implement such a measure. The CDU/CSU and the remaining coalition parties, the Greens and SPD, could not agree on the issue.

Chancellor Merz and CSU leader Söder have recently expressed openness to a higher wealth tax. Disagreements exist regarding its implementation and scope. The Reform Party said immigration issues, while the Left Party focuses on combating far-right racist forces. The Bavarian People's Party has again raised the possibility of a referendum on Bavarian independence. This is the second national election held since Chancellor Stamo took office. German tax estimators indicated yesterday that municipal trade tax would be affected, leading to renewed calls for a wealth tax or higher inheritance tax. Friedrich Merz, leader of the CDU, stated yesterday in Berlin that entrepreneurs should not have to pay more income tax, promising his party would not implement such a measure. The CDU/CSU and the remaining coalition parties, the Greens and SPD, could not agree on the issue. The Greens plan to vote for the 'black-red law' today, though they do not consider it sufficient. A new tax estimate in Germany predicts a revenue shortfall for the federal government, states, and municipalities until 2030. The economic situation in Germany remains difficult, and the new estimate is worse than previously expected. According to the forecast, nearly 18 billion euros will be missing in the coming year alone.

Topics

wealth tax solidarity surcharge taxation

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Sources · 7 independent

MDR Aktuell

“Zwar hatten sich sowohl Bundeskanzler Merz als auch CSU-Chef Söder zuletzt offen für eine höhere Reichtensteuer gezeigt. Merz sagte dem Spiegel aber auch, dafür müsse der Solidaritätszuschlag, den nur noch Spitzenverdienerzahlen wegfallen. Das wiederum lehnt die SPD bislang entschieden ab.”

CRI Huayu Global

“German Political Parties Divided On Wealth Tax”

Business FM Russia

“делает? Он, как мне кажется, сейчас будет мстить Мерцу за то, что...”

Deutschlandfunk

“Da fallen unterschiedliche Positionen in der Regierungskoalition aus Union und SPD besonders ins Gewicht. CDU, CSU fallen in den Umfragen hinter die AfD zurück. Die SPD ist bald einstellig und Friedrich Merz unbeliebter als Olaf Scholz.”

RTHK Radio 1 Cantonese

“German Political Parties Divided On Wealth Tax”

CNR Economic Voice

“实际降幅仅为理论降幅的六成左右。事实上,能源税下调,虽然为油价下降创造政策条件,但煤油中端售价受国际油价行情、经销商定价策略、区域供需等多种因素制约,税费减免往往无法完全传导至消费端。”

CRI News Radio

“在选举政策策略中,我们也可以发现有一些存在一定的分化。比如说,改革党会更加强调移民的问题,左党会更加强调反极右种族主义力量的问题。还有苏格拉国家民众党,他再次提出可能会就苏格拉国家独立进行公投的问题等等。”

CRI News Radio

“In the election policy strategy, we can also find some divisions. For example, the Reform Party will emphasize the issue of immigration more, and the Left Party will emphasize the issue of anti-far-right racist forces.”

CRI News Radio

“In the election policy strategy, we can also find some divisions. For example, the Reform Party will emphasize the issue of immigration more, and the left-wing parties will emphasize the issue of anti-right-wing racist forces.”

Deutschlandfunk

“Friedrich Merz noch gestern bei einem Wirtschaftstag, bei einem Tag der IHK in Berlin hier gestern gesagt hat, also dass Unternehmerinnen, Unternehmer mehr Einkommensteuer zahlen müssen. Das dürfe nicht die Konsequenz sein.”

hr-iNFO

“Die neue Steuerschätzung fällt schlechter aus als bislang erwartet. Bund, Länder und Kommunen müssen bis 2030 mit milliardenschweren Mindereinnahmen rechnen. Allein im kommenden Jahr fehlen laut Prognose fast 18 Milliarden.”

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