Germany: Scholz, raise taxes on high income after crisis

(ANSA) - BERLIN, OCTOBER 30 - The SPD candidate at the stationery for the elections in Germany in 2021 and current Finance Minister Olaf Scholz said he was in favor of raising taxes for "those who earn a lot, a lot of money" when the campaign is over. He stated this during an interview with Picture-live. Economy Minister Peter Altmaier, however, contradicted him by saying that the tax hike is a poison for the economy and that he will personally commit himself to prevent this from happening, even after the 2021 elections. Starting from yesterday's presentation of measures to support the economy In this new phase of partial lockdown by the two ministers, Altmaier and Scholz, the question of how to finance the contributions to the affected companies has re-emerged. The Minister of Finance has reiterated on every occasion that taxes will not be increased, for the moment, to finance the 10 billion euro aid. Germany does not need "fresh money", stressed Scholz, because this money will be taken from the 25 billion bridge aid fund already set aside and of which only 1.5 billion has been used so far. (HANDLE).