Business Walter-Borjans for relief of small and medium income

Walter-Borjans for relief of small and medium income

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Norbert Walter-Borjans

In the event of tax relief for small and medium-sized incomes, Walter-Borjans expects the government to lose at least 30 billion euros.


(Photo: Reuters)

Berlin SPD leader Norbert Walter-Borjans has spoken out for tax relief for people with small and medium incomes. “We have to decide: Do we want small and medium-sized incomes to be allowed to keep more of their wages in the end? I think so, ”he said to the“ Süddeutsche Zeitung ”(Friday). The average tax rate for most people is between 15 and 25 percent. “We should still lower it noticeably.”

According to the report, Walter-Borjans expects tax relief for small and medium-sized incomes to result in reduced government revenues of at least 30 billion euros. “Then the decision is: do we want to do without good schools, intact streets, bus and train connections, hospitals and finally stable mobile communications? Or investing in humanity and social cohesion? I think no! “

Then there would be only one way out: “Closing tax loopholes, involving top incomes and assets more in the financing of the community and financing part of the investments in the future in the future as well: through loans. Just like successful companies do. “

The record surplus in the federal budget had recently fueled the debate about tax cuts. Supported by low interest rates, the federal government generated a surplus of EUR 13.5 billion last year despite the weak economy.

Linke and the FDP had asked to use the record surplus for tax relief. Economics Minister Peter Altmaier (CDU) has long been calling for lower corporate taxes and a complete abolition of the solidarity surcharge.

More: The SPD leader does not want the basic pension reform to be slowed down by technical difficulties. He rejects demands for a corporate tax reform. Read the interview here.

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