Planned actions by the tax parties are being discussed.

The upcoming federal election in Germany, scheduled for September 26, 2021, has taxation as a central theme in the election programs of all major parties.

The CDU/CSU and FDP advocate for tax relief and economic growth, and both parties propose measures to support private wealth formation. The CDU/CSU plans a tax exemption of up to 350,000 euros per adult, while the FDP proposes a flat-rate exemption of 500,000 euros. However, these proposals are considered positive but not ambitious.

In contrast, the SPD, Greens, and Left Party have not put forward significant proposals for promoting private wealth formation. Instead, they focus on addressing budget holes due to the pandemic by advocating for tax increases. The SPD, Greens, and Left Party also propose a national reporting obligation to combat tax evasion and aggressive tax planning.

The Greens have proposed measures to enhance planning security for private investments and leverage state funds through private capital to enable demand-driven investments. The aim is to combine competitiveness and sustainability. The federal government has already introduced an "investment booster" including corporate tax reduction and accelerated depreciation to encourage private investments from 2025 to 2032.

The Left Party's tax proposals differ significantly from others, with some extreme demands. They not only propose raising the top tax rate and introducing a wealth tax but also demand a wealth levy for the super-rich.

The AfD does not present its own tax concept but adheres to the tax reform concept of Prof. Paul Kirchhof, which the CDU/CSU campaigned with in 2005. The AfD also wants to abolish the real estate transfer tax for property used for one's own residence and prevent the abusive circumvention of the real estate transfer tax by property investors through share deals.

The CDU/CSU, Greens, SPD, and Left Party support the introduction of a financial transaction tax, preferably in a European context. The FDP, on the other hand, rejects this tax. The withholding tax and share deals are likely to continue.

The introduction of a European financial transaction tax is likely to be back on the agenda in the next legislative period. The SPD, Greens, and Left Party want to prevent the abusive circumvention of the real estate transfer tax by property investors through share deals.

The AfD and FDP want to implement the abolition of the solidarity surcharge for capital gains immediately, while the CDU/CSU want to gradually abolish it.

No attractive offers for savers and small investors could be found in any of the programs, as quoted from the BVI website.

In summary, taxation is a key issue in the upcoming German federal election, with the major parties presenting a range of proposals, from tax relief and wealth formation support to tax increases and financial transaction taxes. It remains to be seen which party will emerge victorious and implement their tax policies.