Merz Confidante Backs Tax Cuts as German Fuel Prices Hit Record
4 Articles
4 Articles
Merz confidante backs tax cuts as German fuel prices hit record
Senior German conservative lawmaker Thorsten Frei, a confidante of Chancellor Friedrich Merz, on Wednesday gave his backing to lowering the sales tax on gasoline, saying it would be an obvious step.
Thorsten Frei, a confidant of Chancellor Friedrich Merz and a leading politician in the CDU/CSU, said on Wednesday that reducing gasoline taxes would be an obvious step as part of measures to reduce energy prices.
In Germany, where fuel prices have hit record highs due to geopolitical crises and supply shortages, gasoline has reached an all-time high, sparking debate among government partners about additional taxes and tax cuts.
In order to reduce record high fuel prices in Germany, Thorsten Frei, a leading politician of the CDU/CSU, is proposing a reduction in the excise tax on gasoline. According to the Chancellor's confidant, the measure aimed at relieving the burden on the population should come into effect as early as October this year, Portfolio wrote.
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