Annalena Baerbock firmly believes in the need for a wealth tax – but the Chancellor candidate of the Greens also wants to take a step towards the skeptics.
Green Chancellor candidate Annalena Baerbock wants to take into account business assets in the event of an election victory in the planned introduction of the wealth tax.
Her suggestion is to talk to the federal states about how to reintroduce a wealth tax after the election – “yes, with a view to ensuring that companies are not so burdened that it goes into their business assets,” said Baerbock on Tuesday evening at one Q&A from “Stuttgarter Zeitung” and “Stuttgarter Nachrichten”. “That is a big, big nut that you have to solve.” But there is no way around wealth tax because the federal government has to help financially to ensure that schoolchildren throughout Germany have the same opportunities. “We can’t just say we’re watching that the schools get more and more ailing.”
According to the Green election program, the wealth tax should apply to assets above two million euros per person and amount to one percent annually. Baerbock admitted that this tax was also controversial among the Greens. Some leading party friends in the economically strong, green-black ruled Baden-Württemberg are extremely skeptical of the wealth tax.
For example, state finance minister Danyal Bayaz (Greens) Mitte declared last week at an event of the “Welt” in Berlin: “I am cautious about a wealth tax.” As finance minister, he also sees the considerable effort that the tax administration would have to put into this. He is more in favor of a reform of the inheritance tax with fewer exceptions and a possibility of repayment in order not to endanger investments and jobs.
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