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Debate about relief for companies: Scholz dissatisfied with compromise

2024-02-12T14:24:53.078Z

Highlights: Debate about relief for companies: Scholz dissatisfied with compromise. Finance Minister Christian Lindner (FDP) believes lower tax rates for companies are necessary. Union's approval of the preliminary compromise, which is intended to reduce the burden on states and municipalities, may still fail in the mediation committee. It could “massively support” companies. However, economists spoke of a drop in the ocean. The compromise on the Growth Opportunities Act is still stuck between the Bundestag and the Bundesrat.



As of: February 12, 2024, 3:22 p.m

By: Robert Wallenhauer

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The compromise on the Growth Opportunities Act is still stuck between the Bundestag and the Bundesrat.

For Chancellor Scholz, the relief does not go far enough.

Berlin - Chancellor Olaf Scholz (SPD) is dissatisfied with the possible agreement in the mediation committee on tax relief for companies.

“The Chancellor is of the opinion that a larger volume would be the right thing for the German economy,” said government spokeswoman Christiane Hoffmann on Monday (February 12) in Berlin.

But we have to see what is possible together with the federal states.

The Federal Council had blocked the Growth Opportunities Act because it led to a loss of income for the states.

Representatives of the federal and state governments agreed on a possible compromise in preliminary negotiations on Friday, which is stuck in the mediation committee of the Bundestag and Bundesrat.

The volume of relief is expected to fall from the planned seven billion euros to three billion euros.

There will no longer be a planned bonus for companies for investing in climate protection.

Chancellor Olaf Scholz (SPD): The relief in the compromise of the Growth Opportunities Act does not go far enough.

© Michael Kappeler/dpa

Union blocks tax relief for companies

The Union's approval of the preliminary compromise, which is intended to reduce the burden on states and municipalities, may still fail in the mediation committee.

Hoffmann said anyone who wants to help the economy quickly should agree to the law.

It could “massively support” companies.

However, economists spoke of a drop in the ocean.

Finance Minister Christian Lindner (FDP) has also announced that the federal government will present a package of measures in the spring to strengthen the location.

He also believes lower tax rates for companies are necessary.

Hoffmann said that the Chancellor's first concern was the current Growth Opportunities Act.

He took note of the debate about tax cuts, as well as a list of demands sent by the Union by letter to strengthen the economy.

(Reuters/dpa/row)

Source: merkur

All news articles on 2024-02-12

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