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German Parties Present Key Proposals Ahead of February Bundestag Election

SPD, CDU/CSU, and Greens unveil distinct economic, social, and tax plans as they gear up for the upcoming election.

  • The SPD emphasizes economic growth, job security, and relief for families and middle-income workers, proposing tax cuts for lower earners and a reintroduction of the wealth tax for assets over €100 million.
  • The CDU/CSU focuses on significant tax reductions for businesses and individuals, retaining the debt brake, but faces criticism for unclear financing details.
  • The Greens advocate for a climate-focused agenda, including a new 'climate money' initiative to redistribute CO2 tax revenues to low- and middle-income households.
  • All parties propose measures to address Germany's aging population and pension sustainability, with the SPD and Greens suggesting innovative funding mechanisms like a 'Germany Fund' and a 'citizen fund.'
  • The February election follows the collapse of the governing coalition, with major parties competing to address voter concerns over cost-of-living pressures and economic stability.
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