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German Cabinet Approves €10 Billion Income-Tax Reform

Summary by WTVB
By Maria Martinez BERLIN, Sept 2 (Reuters) - Germany's cabinet approved a €10 billion ($11.58 billion) income-tax reform package on Wednesday designed ​to ease the burden on ‌low- and middle-income households, particularly families with children. The ...

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The German government's office approved a EUR 10 billion income tax reform package this Wednesday, designed to ease the tax burden on low- and middle-income families, with a special focus on households with children. The measures will be implemented in two stages and will fully enter into force in 2028, the Ministry of Finance informed. "We are providing relief to families with children," said Finance Minister Lars Klingbeil. "We are ensuring th…

·Rio de Janeiro, Brazil
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CDU politician Florian Dorn sees the draft tax reform only as a first step. However, in the case of the cold progression and on the expenditure side, it had to be readjusted, says Dorn.

·Berlin, Germany
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Despite criticism from associations and Minister of Economics Reiche: The government has approved the plans for an income tax reform. Our computer shows what this means for you.

·Hamburg, Germany
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The German government approved a €10 billion tax reform package on Wednesday, aimed at reducing the tax burden on households with small and medium incomes, especially for families with children, conveys Reuters. Germans with the highest incomes will have to pay a higher income tax.

·Romania
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Chancellor Friedrich Merz wanted to take less of the credit from the citizens. How stupid that the bill adopted by the cabinet does not do exactly that.

·Munich, Germany
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Zeit Online broke the news in Germany on Wednesday, September 2, 2026.
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