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SPD Pushes Heavier Taxes on Large Inheritances as Coalition Rift Widens

Union leaders reject higher levies, warning of harm to family firms.

Overview

  • SPD deputy leader Serpil Midyatli renewed the call to tax very large inheritances more strongly, citing rising wealth inequality and noting that less than two percent tax was paid on last year's billion-euro inheritances.
  • Midyatli said proposals would include safeguards so people do not lose their primary homes and family businesses are not forced to be sold.
  • Senior CDU/CSU figures rejected changes, with Sepp Müller arguing higher inheritance taxes would burden entrepreneurs, and CSU’s Martin Huber calling for states to decide rates.
  • BILD reported that the SPD is eyeing at least €10 billion in additional revenue from a reform, a figure not detailed by party documents in the coverage.
  • An earlier SPD concept for a uniform inheritance cap is part of the discussion, while DIW’s Stefan Bach urged continued protection for small and medium-sized enterprises.