The Mittelstands- und Wirtschaftsunion (MIT) of the CDU has ruled out higher burdens for top earners ahead of coalition talks. The federal government plans to discuss income tax reform next Wednesday.
The MIT rejects a mere redistribution at the expense of higher incomes and the entrepreneurial middle class. This is stated in a resolution paper from the federal board.
MIT chair Gitta Connemann warned that higher taxes on income, assets and capital would hit the middle class, family businesses and investors. More than 70 percent of German companies are partnerships and directly affected.
The SPD had floated an increase in the top or rich tax rate for counter-financing. The black-red coalition talks are scheduled for next week.
