Overview

• SPD co-leader Lars Klingbeil stated that future tax increases cannot be categorically ruled out, citing the need for flexibility during uncertain times.
• The CDU/CSU–SPD coalition agreement does not explicitly ban tax hikes, but CDU leader Friedrich Merz and CSU leader Markus Söder maintain strong opposition to such measures.
• Merz acknowledged the possibility of revisiting fiscal policies if global conditions change, while Söder firmly rejected any tax increases as 'completely excluded.'
• Within the SPD, proposals for progressive taxation, including wealth and inheritance taxes, remain under discussion but lack concrete implementation plans.
• Klingbeil reiterated his push to raise Germany's minimum wage to €15 by 2026, emphasizing the independent role of the Mindestlohnkommission in determining the timeline.