• No tax increases in Germany during the pandemic - Economy Minister

Market news

5 October 2020

No tax increases in Germany during the pandemic - Economy Minister

Reuters reports that Economy Minister Peter Altmaier said that Germany should not raise taxes during the pandemic. He added 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.

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