Federal Finance Minister Christian Lindner has announced a tax cut for the coming year because of the high prices. It’s about low earners, but also the “working middle,” said the FDP politician on Monday in Berlin. By abolishing the so-called cold progression, they should be relieved. Cold progression is a kind of creeping tax hike, when a pay rise is eaten up by inflation but still results in higher taxation.
Federal Minister of Finance: Lindner: 2023 tax cut for low earners and the middle class
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