Offbeat Cold Program: Lindner wants to compensate for inflation for a broad center of society

14:10  10 august  2022
14:10  10 august  2022 Source:   ksta.de

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Finance Minister Christian Lindner wants to relieve the width in the middle of society with tax plans for compensation for inflation. The FDP politician said this in Berlin on Wednesday. 48 million people would benefit. The relief on average was 192 euros. Lindner spoke of a tax cut of more than ten billion euros.

Christian Lindner bei seinem Pressestatement am Mittwoch. © dpa Christian Lindner at his press statement on Wednesday.

The FDP politician justified the tax relief he planned as a requirement of fairness. "We are in a situation where to be traded," said Lindner in Berlin on Wednesday. At the coalition partners SPD and the Greens, the minister promoted their plans to compensate for the so -called cold progression , which means that due to inflation, the tax burden increases, even if those affected no longer have any more money in the cash register. Lindner said that 48 million people in Germany would benefit from the relief. Christian Lindner: "To provide a tax increase in these times, that is not fair"

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The relief effect should be achieved by the fact that the federal government, the states and municipalities of around ten billion euros do without additional tax revenue due to the cold progression. "In these times, a tax increase is not fair," said Lindner. He referred to the "increasing living costs and fragile economic perspectives". According to Lindner,

is intended to increase the basic allowance for income tax, changes in the tax tariff and raising child benefit and child allowance. For all whose annual income is less than 62,000 euros, the relief effect should exceed the additional burden of the cold progression, the minister said. On average, the discharge was 192 euros.

Christian Lindner: "It is about waiver of stress"

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"This is not about relief, but about avoiding stress," said Lindner. He too is for "strong shoulders to wear more than narrow shoulders". The cold progression would also "impress people whose shoulders have not become wider".

The project is controversial in the traffic light coalition,

from the SPD and the Greens are required instead targeted relief for low-income . Lindner replied that his plans were aimed at relieving the “wide middle of society” - that is, that of the facts that give a lot from the results of their creativity in order to maintain social peace in our country ”.

The minister admitted that low earners who do not pay tax would not benefit from compensation for the cold progression. However, the coalition will specifically relieve socially weak people by the reformed housing benefit and the new citizenship - both should be introduced at the turn of the year. Lindner emphasized that the state will completely cover the heating costs for basic security recipients - "So there is no concern of the increasing gas prices".

Lindner announced that the budget consultations in the Bundestag be submitted to a bill after the summer break. He campaigned with the traffic lights for approval of his key points. His predecessor in the ministerial office, today's Chancellor Olaf Scholz (SPD), regularly made inflation compensation, said Lindner. (the/dpa/afp)

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