Germany may introduce “crisis” tax on the rich

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The Social Democratic Party of Germany (SPD), of which German Chancellor Olaf Scholz is a member, could introduce a temporary “crisis contribution” for the wealthiest citizens. A German publication writes about this RND.

According to the publication, such an initiative was included in the list of economic policy proposals. The party will discuss these at a conference in December. Money from the collection will be transferred to a new government fund to encourage investment.

It is stated that the changes should ease the tax burden of 95% of the German population. In total, politicians want to stimulate private investment worth 100 billion euros a year. This will create one million new jobs.

Before that, Leif-Erik Holm, a member of parliament from the right-wing Alternative for Germany party called for The German government will abandon its “crazy sanctions policy”.

Previously Scholz promise To complete the Nord Stream project.

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