MIL OSI Translation. Region: Germany / Germany –
Source: CDU, CSU,
Reduction in corporate taxes and the full Soli-removal attack
The Federal Ministry of Finance has announced on Monday the year surplus for the Federal budget in 2019 in the amount of 13.5 billion Euro. For this purpose, the budget policy spokesman of the CDU/CSU parliamentary group, Eckhardt Rehberg:
“The sharp Surplus of the Federal government shows that We do not need new debt to Finance the expenditure of the state. The debate misses the reality. As in previous years, the Federal benefits expenditure budget of the low Interest rates and good tax revenue due to the very high employment. Unfortunately, investment funds are not disbursed. We need to work on this year, hard for them to do so.
The Surplus is transferred according to the budget law in the existing reserve. We will need the money in the next few years for the great challenges that lie before us. From 2020, a high structural deficit of the Federal government, which can only be on the reserve collection and the high level of global under-expenditure met. So far, not higher investment, higher expenditure on internal and external security, as well as expected higher EU transfers in the framework of the multiannual financial framework as of 2021 are financed.
In view of the difficult economic situation, we need to control, finally, a reduction of the company and the complete removal of the solidarity surcharge from 2022 to tackle. For a debt of the municipalities, as the Minister of Finance Scholz claimed, has the Federal government no financial game. The countries are according to the basic law clearly responsible.“
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure need be perfect.