Hamburg CDU Proposes Major Tax Cuts and Budget Revisions
The opposition party submits 78 amendments to the 2025/2026 budget, including a significant reduction in property transfer tax to boost housing construction.
- The Hamburg CDU has introduced 78 budget amendments totaling €1 billion, primarily funded through reallocations within departmental budgets.
- The centerpiece of the proposal is a reduction of the property transfer tax from 5.5% to 3.5%, costing an estimated €340 million over two years, aimed at stimulating housing development.
- The CDU also seeks increased funding for public safety, including more police presence, expanded video surveillance, and the introduction of weapons-free zones.
- Additional funding is proposed for infrastructure improvements, such as safer bike and pedestrian paths, new park-and-ride facilities, and enhanced support for families purchasing homes.
- To offset costs, the CDU plans to improve administrative efficiency and limit further growth in public sector staffing, without reducing overall personnel numbers.