Green Party Unites to Tax the Wealthy and Ease Burdens on Households
The proposal is part of a broader package of measures titled "A Crisis Action Plan for Tangible Relief and Long-Term Resilience," jointly drafted by the two Green Party politicians in a cross-factional effort. Brantner aligns with the party's pragmatic Realos wing, while Dröge represents its left-leaning faction.
Their plan aims to ease bureaucratic burdens on businesses and reduce the electricity tax for households as well as small and medium-sized enterprises. The paper explicitly states that this relief should not be limited to major industries alone.
On tax policy, the Greens are pushing for higher contributions from top earners. The document proposes introducing a new tax bracket for "very high incomes significantly above the current top rate but below the wealth tax threshold." This bracket would start at 45 percent for taxable incomes exceeding €120,000—€240,000 for jointly assessed couples—and rise to 48 percent for incomes above €250,000 (or €500,000 for joint filers).
Read also:
- American teenagers taking up farming roles previously filled by immigrants, a concept revisited from 1965's labor market shift.
- Weekly affairs in the German Federal Parliament (Bundestag)
- Landslide claims seven lives, injures six individuals while they work to restore a water channel in the northern region of Pakistan
- Escalating conflict in Sudan has prompted the United Nations to announce a critical gender crisis, highlighting the disproportionate impact of the ongoing violence on women and girls.
