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Finance Minister Klingbeil Plans Big Changes

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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.

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Definitions

Ehegattensplitting
A special way the state calculates taxes for married couples. Often, couples pay less tax if one partner earns much more than the other.
Reform
A big planned change of laws or rules to make something better.

People

Lars Klingbeil
Lars Klingbeil is a German politician from the SPD. He is currently the Finance Minister.

Locations

Germany
A country in Central Europe.

Sources

Logo Die Zeit
Die Zeit

Wahlverlierer: SPD: Lange Aussprache nach verlorener Wahl

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Logo Bild
Bild

Wer zahlen soll, wer profitiert: Klingbeil legt die Karten auf den Tisch | Politik

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Logo Bild
Bild

XXL-Reformen: Klingbeil will Ehegattensplitting abschaffen | Politik

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Logo Der Standard
Der Standard

Finanzminister Klingbeil bereitet die Deutschen auf längeres Arbeiten vor

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Logo FAZ
FAZ

Ehegattensplitting, Steuersenkung und mehr: Wie Klingbeil die Regierung, die SPD und das Land retten will

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