Coalition: Annegret Kramp-Karrenbauer pushes for tax cut before downturn

Because of the dangers for the economy citizens and enterprises must be relieved now, says the CDU boss. The SPD would wait until the economy collapsed.


The new CDU chairman Annegret Kramp-Karrenbauer wants to save the German economy with a tax cut from a downturn. "We need to consider how we can strengthen the domestic economy and our competitive position, such as reducing the tax burden on businesses through a corporate tax reform," she told The World on Sunday .

It does not understand that Finance Minister Olaf Scholz (SPD) provides for tax relief only in the event of a cyclical downturn. "It would make more sense to allow this relief from the start and not just wait for the economy to weaken," said Kramp-Karrenbauer.

The trade war between the USA and China puts German industry under pressure. At the same time, Germany would be in a systemic competition with the social market economy, for example with the Chinese economy. "All these are developments that we have to actively tackle," said the CDU chief.

Kramp-Karrenbauer also criticized the SPD and the Left Party, which oppose the complete abolition of the solidarity surcharge. "They describe the ten percent of the population who are not relieved yet, as super rich," she says. "The fact that these are often small and medium-sized companies, which must be relieved, they conceal."

REF: https://www.zeit.de/wirtschaft/2019-01/koalition-annegret-kramp-karrenbauer-steuersenkung-abschwung