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"Left Populism – Spd Criticises Left Party Proposal on Special Tax on Luxury Villas

Summary by Welt
The Left Party proposes a special tax on luxury real estate. Hamburg's financial senator Andreas Dressel calls the idea "constitutionally questionable". The German Association of Cities and Communities is also critical.

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The Left Party proposes a special tax on luxury real estate. Hamburg's financial senator Andreas Dressel calls the idea "constitutionally questionable". The German Association of Cities and Communities is also critical.

·Dortmund, Germany
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Far Right

Germany's citizens groan under the immense tax and tax burden. That's not enough for the left: they demand a special tax on so-called luxury properties with unheard of many square meters. So the socialists blow (again) to hunt for people who have gained wealth and are already being scrapped accordingly. Due to the housing shortage in Germany, more and more people would no longer find affordable housing or lose their homes because of priceless re…

Bavaria's finance minister Albert Füracker (CSU) has opposed the Left Party's proposal to introduce a special tax on particularly expensive real estate and warned that the persons concerned will then move abroad. {/mprestriction} "The demand for higher or additional taxes – whether in the case of property transfer tax or property tax – as the left offers as a solution to the problem is going in the completely wrong direction," Füracker told the …

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LVZ - Leipziger VolkszeitungLVZ - Leipziger Volkszeitung

The left wants a special tax for particularly expensive real estate. The revenues are to flow into affordable living space. However, criticism is aroused.

·Germany
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The German opposition party Die Linke is seeking to introduce a special tax on so-called expensive properties, modeled on the policy of the American city of Los Angeles. The Left envisions that the proceeds would be used to finance affordable housing, according to the Welt.de newspaper, citing a party concept document.

The Left Party leader Jan van Aken refers to Los Angeles, where a similar tax has earned hundreds of millions of dollars last year. His argument: While many families, young couples or trainees don't find an apartment, others lived on huge estates that they hardly use. "They should pay something to make them live like this," says van Aken.The post The Left wants special tax on beautiful houses first appeared on Tichy's insight.

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iz.de broke the news in on Tuesday, August 19, 2025.
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