No tax increases in Germany during the pandemic: Economy Minister

FAN Editor

October 5, 2020

BERLIN (Reuters) – Germany should not raise taxes during the pandemic, Economy Minister Peter Altmaier said on Monday, adding that there was a case for lowering taxes in some areas, such as for high-earning skilled workers.

“On taxation, I want to make it clear that my view is that no taxes should be raised in this pandemic,” he told ARD Morgen Magazine, adding that Germany had benefited from having a stable tax regime for the past seven years.

He added that there was a case for lowering taxes, especially for high-earning skilled workers, but said Germany had to be reasonable here.

(Reporting by Caroline Copley; Editing by Riham Alkousaa)

Free America Network Articles

Leave a Reply

Next Post

Dow futures rise in overnight trading as investors monitor Trump's health

President Donald Trump addresses the U.S. public after being hospitalized at Walter Reed. October 3, 2020. The White House Stock futures rose in early morning trading on Monday as investors brace for another volatile week with President Donald Trump’s hospitalization adding more uncertainty to the market outlook ahead of Election […]

You May Like