Vermögenssteuer at the Forefront of SPD's Tax Reform Agenda
SPD's Focus on Vermögenssteuer and Income Tax Reform
The SPD in the Bundestag is advocating not only for higher taxes on the income of rich individuals but also for a verifiable implementation of a new vermögenssteuer. According to Vice Chairman Joachim Post, the aim is to increase the income tax for the uppermost earnings and introduce a fair inheritance tax and a new vermögenssteuer.
Public Support for Vermögenssteuer
Recent polls indicate that a majority of Germans support the reintroduction of the vermögenssteuer. The Forsa survey reveals that 62% of citizens would endorse a wealth tax on assets exceeding one million euros.
- The SPD proposes a moderate and uniform tax rate of 1% for significant wealth.
- They emphasize high personal allowances to focus the burden on the very wealthy.
This initiative aligns with the SPD's strategy to combat economic downturns while laying down plans for the upcoming Bundestag elections.
Conclusion on Tax Reform Strategies
As emphasized by party leader Saskia Esken, substantial income tax reforms targeting top earners are necessary to ensure financial equity within society.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.