Vice Chancellor for over-Profit Tax: Klingbeil Wants to Pay the "Excessive Crisis Profits" of Mineral Oil Companies
5 Articles
5 Articles
In the face of rising energy prices, several European states want to tax oil tankers' record profits to support households and businesses.
In view of the high petrol station prices, the Federal Finance Minister criticizes the European Commission and calls for more speed from Brussels.
With a special European tax, Finance Minister Klingbeil wants to take advantage of exceptional profits from the oil industry and relieve drivers. He is looking for support in Spain and Poland - in his own government the plan is met with rejection.
German Finance Minister Lars Klingbeil told journalists to wait "for the European Commission to finally come up with proposals on what a tax on super-profits might look like, especially those of companies...
Federal Minister of Finance Lars Klingbeil (SPD) insists on rapid relief for motorists. The high fuel prices are an enormous burden for all who are dependent on their car, said Klingbeil to the "Politico". Therefore, the prices have to fall quickly. His proposals have been on the table for months. This includes a European "over-profit tax" so that "excessive crisis profits of the oil companies can be returned to the citizens". The EU finance min…
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