Lars Klingbeil is the new Finance Minister of Germany. He belongs to the SPD party. After a lost election, there were long talks in the party. Now Klingbeil presents his new plans. He wants to save the country and his party.
Klingbeil wants to end the 'Ehe-Gatten-Splitting'. This is a rule for the taxes of married couples. Couples will be taxed in a new way in the future. People who earn much should pay more taxes. People with little money should get relief.
There are also plans for the pension. People in Germany should work longer. Klingbeil prepares the citizens for this. He says this is important for the economy. He calls these plans XXL-Reformen. He wants to strengthen the economy in Germany with them.