Multi-billion euro tax recalculation spells excellent news for middle-income earners

Finance Minister Olaf Scholz proposed tax relief for low and middle earnings earners from 2019 onwards in view of the significant boost in tax incomes which was revealed on Wednesday afternoon. The federal government will have additional revenue of EUR10.8 billion up until 2022 \”which we can think of utilizing\”, the Social Democrat (SPD) political…