The federal government wants the taxpayer on January 1, 2016 release in the “cold progression”. This was announced by Finance Minister Wolfgang Schäuble (CDU), surprisingly on Thursday in Berlin.
Federal Finance Minister Wolfgang Schäuble (CDU) wants taxpayers in already 1 January 2016 relieve the “cold progression”. To combat the known problem for years, the income tax rate should be corrected, Schäuble announced Thursday a surprise at the time of announcement of the new tax estimate in Berlin.
So far remains workers with high inflation wage increases at the end less in your pocket, because the Treasury mitkassiert secretly. Now Schäuble wants to shift the tax rate from 2016 in the amount of the price increase in the past two years to the right to access higher tax rates at higher income. The small tax reform would cost the federal government, states and municipalities in total annually 1.5 billion euros in revenue.
Only minor relief
Because of the current low level of inflation the relief of citizens should not be particularly big but. Schäuble stressed him go there to the principle. However, countries need to play in the attempt, which is agreed upon between Chancellor Angela Merkel (CDU), Economy Minister Sigmar Gabriel (SPD) and Schäuble. He assumes that the solution “states and municipalities will not overwhelm”, Schäuble said.
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Gabriel: “upswing has come”
The planned 2016 Tax Relief will strengthen the purchasing power of citizens continue to view from the Federal Economics Minister Sigmar Gabriel (SPD). “The economic upswing in Germany has to arrive at the workers. Now I could make myself understood with Finance Minister Schäuble to abolish the cold progression fast “, the SPD leader said on Thursday in Berlin.
unions and Social Democrats have called for this step for some time. “The fact that developing tax revenues as enjoyable, not least the great commitment of the employees.” The tax relief will now contribute in addition to higher pay settlements to the fact that the disposable income further increased.
38.3 billion euros more tax revenues than planned
Federal, state and local authorities can to 38.3 billion euros more tax revenues than previously planned hoped thanks to the good economic and employment by 2019. This was announced by the Federal Ministry of Finance in Berlin on Thursday after the completion of the consultations with tax experts.
This year alone, the tax authorities expect an additional increase in comparison to the tax estimate of November from 6.3 billion euros. The trend continues in the coming years.
The bottom line is the tax revenue of the state to rise even more. Because with the now to be determined additional Plus is just about the correction of the previous estimate. This year, 666.5 billion euros are expected. By 2019 the total tax revenue could then climb to 768.7 billion euros.
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