Skip to content

Germany's Jusos Leader Calls for Radical Social Security Overhaul to Tax Wealth

A bold plan to reshape Germany's welfare funding sparks debate. Would taxing investments more heavily finally ease the burden on workers?

The image shows an old German banknote with a picture of a bird on it. The text on the paper reads...
The image shows an old German banknote with a picture of a bird on it. The text on the paper reads "Deutsche Bank und Disconto-Gefellichaft Berlin".

Germany's Jusos Leader Calls for Radical Social Security Overhaul to Tax Wealth

Philipp Türmer, leader of the Jusos—the youth wing of Germany's Social Democratic Party (SPD)—has called for the abolition of the income threshold for social health insurance contributions, lending his support to a proposal by Health Minister Nina Warken (CDU).

"Raising the threshold is the right move," Türmer told POLITICO news magazine in comments published Tuesday. "If it were up to me, we would eliminate it entirely," he added.

The Jusos chief also pushed for capital gains to be more heavily factored into social security financing. "Capital income should contribute to funding the welfare state just as wage income does," he argued. "Right now, the burden is being shifted entirely onto employees—and that's unjust." At the same time, Türmer advocated for broader structural reforms, declaring, "We stand for a citizens' insurance system."

Read also:

Latest