US EditionWirtschaftsweiser Werding: Social Contributions Soon at 50 Percent?
13 Articles
13 Articles
Social security contributions are already at 42 percent of gross income. Without reforms, the upward trend in the 1930s will continue due to the ageing population, warns Wirtschaftsweis Martin Werding.
The economy of Werding expects a further increase in social spending in the current year. It calls for far-reaching reforms for a stable level.
The economy of Martin Werding warns of a sharp rise in social security contributions to the Rheinische Post: "The question is not whether ... The post economy of Werding warns against 50 percent social security contributions appeared first on Apollo News.
The population in Germany is getting older and older. Contributions to social benefits and pensions are increasing steadily. Economist Martin Werding therefore urges reforms urgently. He expects the next increase in contributions next year.
Around 42 percent of income is already flowing into the social funds. The tax burden is expected to rise significantly in the coming years, warns the economy of Werding and admonishes reforms.
The contribution rates to social security in Germany continue to rise and there is no end in sight. The economy Martin Werding warns against a tax burden of 50 percent of gross income. Without reforms, companies and employees face massive financial burdens. read more
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