Ifo boss Clemens Fuest on work incentives: "Out of 2000 euros more gross, 32 euros net are left over in the end" Fuest gave the example of a family with two children in a city with high rents like Munich. If the family's income jumps from 3,000 to 5,000 euros gross per month due to overtime, not only taxes and social security contributions would be due.
Fuest called on politicians to examine the various transfer payments and then ensure that a larger share of the income from overtime work can be retained.