The Limited Times

Now you can see non-English news...

Scholz wants a stable pension level

2021-06-27T17:26:04.053Z


The Bundestag will be elected in less than three months. The pension is likely to play a role in the election campaign. The SPD candidate for chancellor makes a promise. The CSU sets a condition for a coalition.


The Bundestag will be elected in less than three months.

The pension is likely to play a role in the election campaign.

The SPD candidate for chancellor makes a promise.

The CSU sets a condition for a coalition.

Berlin - SPD Chancellor candidate Olaf Scholz wants to ensure a stable pension level of 48 percent of average labor income.

"Every contributor should be prepared for a CDU / CSU government that the pension level will fall," said the Federal Finance Minister of "Bild am Sonntag". “That won't happen with me. I guarantee a stable pension level of 48 percent. ”He does not share any reservations about financing in the coming decades. "If there are many jobs with decent wages in Germany, the pension is secure." At the end of the decade, the tax subsidy for the pension must be increased "slightly". “That should be worth a secure pension to us,” said Scholz.

In response to a ruling by the Federal Fiscal Court on double taxation, the finance minister also wants to relieve both contributors and pensioners: “First of all, I don't want to make the contributions to the pension insurance fully tax-deductible until 2025, but rather beforehand. Secondly, I want to push back the full taxation of pensions - it should only take effect in 2060 and not, as previously planned, in 2040. All of this helps the contributors and pensioners. "

The conversion of pension taxation has been going on since 2005. This means that up to 2005 the employee's pension contributions were taxed “upstream” - ie before retirement. This is now being gradually changed. From 2025 pension contributions will be fully tax-exempt, from 2040 only the pensions paid out will then be fully taxed “afterwards”. There are currently around 142,000 lawsuits filed by pensioners against their tax assessments.

CSU boss Markus Söder is meanwhile linking the implementation of the extended maternal pension after the federal election to a government participation of his party. "No matter who we govern with, but that is a condition," said the Bavarian Prime Minister on Saturday at the CSU list for the Bundestag election in Nuremberg. The CSU calls for older mothers like the younger ones to be credited with three instead of two and a half pension points per child. When the Union's election manifesto was being drawn up recently, the CDU prevented the CSU's demand for maternal pensions from being included. It should therefore be included in a separate CSU program for the election.

In addition to the pensioners, Scholz also wants to relieve taxpayers.

The current top tax rate of 42 percent for income tax should “only take effect much later,” said the SPD candidate for chancellor.

In addition, singles should in future only pay the future top rate from an annual gross income of more than 100,000 euros, married people over 200,000 euros.

96 percent of taxpayers would be relieved, for the top four percent it would be “a little more expensive.

The finance minister stated his salary in “Bild am Sonntag” was a good 200,000 euros gross per year.

"With my salary you are rich in Germany," said Scholz.

He thinks it is right when someone with such a high income as himself pays more taxes.

FDP General Secretary Volker Wissing warned of tax increases. They aimed at the middle class as the heart of the economy, said Wissing in Berlin. That would be poison for their recovery. Instead, people and companies should be relieved. The FDP therefore share the demand that the top income tax rate should only take effect much later. dpa

Source: merkur

All news articles on 2021-06-27

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.