Bundesfinanzminister Lars Klingbeil (SPD) is reportedly drafting a plan to lower income tax for low‑ and middle‑income earners. The Bild Monday edition reports that the reform should be introduced in the coming months. A spokesperson confirmed that the minister intends to relieve these taxpayers “as agreed in the coalition contract, by the middle of the legislative period”. The Federal Ministry is working on an income‑tax reform that is scheduled to be presented this year. No specific timetable or details have been released; the exact shape of the reform and the level of the tax break remain subject to further consultations.
Politics
