Family Policy
Voigt proposes tax relief for families
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Amid historically low birth rates in Germany, Thuringia's Minister President Mario Voigt has proposed tax relief for families. In an interview with Stern magazine, he called for exploring new approaches. Births fell to 654,300 last year, the lowest since 1946.
Building on the initial announcement of Trump Accounts, the IRS and Treasury Department have released specific guidelines on eligibility, account opening procedures, and contributions for the $1,000 federal investment program for newborns. Aimed at supporting families via low-cost index funds, the program launches in July 2026 for children born 2025-2028.
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The French Senate approved on Monday, November 24, a new birth leave granting up to two additional months to each parent starting January 1, 2027. This measure adds to existing maternity and paternity leaves and aims to support families amid declining birth rates. Announced by Emmanuel Macron in January 2024, it forms part of the 2026 social security budget project.