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Bundesratspräsident Says Tax Relief Should Target Small and Middle Incomes, Not Earners Over €120,000

His call to tax very high incomes and wealth increases pressure on states and municipalities to explain who will cover the reform’s multi‑billion euro shortfall.

Overview

  • Andreas Bovenschulte used a ZDF Morgenmagazin interview to say the planned income tax cut should focus on small and middle incomes and that people earning €120,000 or more do not need relief.
  • He urged stronger taxation of very high incomes and large private wealth and said local leaders such as mayors could face higher tax burdens under the financing plan.
  • The federal government’s reform foresees bigger relief for lower and middle earners from 2027 and would create multi‑billion euro revenue gaps that need offsetting.
  • States and municipalities have warned that unclear compensation arrangements would strain their budgets, a point that makes Bovenschulte’s Bundesrat role particularly consequential for intergovernmental talks.
  • Expect intensified negotiations over new revenue sources and compensation rules for Länder and Kommunen, and see the full ZDF broadcast for Bovenschulte’s remarks.