Investment Package - Federal Government Wants to Take over Expected Tax Failures of the Municipalities Completely - Countries Are Partially Relieved
8 Articles
8 Articles
Not only the federal government has a budget problem. The municipalities also have one thing. Therefore, it will not be done with shift alone. The municipalities also have to save. The village emperor times are over for mayors.
Because the German government's so-called investment booster means significant tax reductions for companies, tax revenues are falling. For the cities and municipalities in Saarland, the amount is close to 300 million euros.
The federal government wants to fully compensate for the tax failures of the municipalities in the course of the planned investment programme.
On Thursday, the Bundestag is to adopt the Federal Government's package of measures to improve the economic situation (from 9.00 a.m.).The draft law provides for a significant tax relief for companies in Germany and sets new incentives for investments.The Federal Council has to approve the package at its meeting on 11 July - this is considered a formal matter after the federal government has promised the Länder and municipalities compensation fo…
The Federal Government and the Länder have agreed on the allocation of the costs of the investment programme. The Federal Government takes over large parts of the expected tax losses. Positive reactions and demands come from Lower Saxony.
Black and red wants to boost the economy. However, the plans lead to tax losses, especially in the municipalities. The fierce dispute about this has now been settled.
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