The Left Party is set to enter the federal election campaign with an “economic policy of a bygone era”. In response to the CDU’s “Agenda 2030”, Left Party leader Ines Schwerdtner stated in Berlin on Monday that they would be presenting an “anti-fascist economic policy”.
“This kind of neoliberal economic policy from the CDU and FDP leads to the rise of the right”, she added, referring to a recent study that found that rising rents also increase the approval of AfD positions. The Left Party aims to address the crisis on the housing market, among other things, by introducing a “real rent cap”. Additionally, property companies with more than 3,000 apartments should be expropriated, according to Schwerdtner.
Furthermore, the Left Party plans to abolish the value-added tax on staple foods and public transportation. To offset the financial loss, a wealth tax is to be reintroduced, Schwerdtner said.
The CDU and FDP, on the other hand, accused Schwerdtner of launching an “attack on the social state and employer rights”. The Left Party, Schwerdtner said, would not engage in “scapegoat debates” and would not “vilify the unemployed and migrants”. The SPD and Greens were also criticized by Schwerdtner, who claimed that they had only presented “half-hearted programs” in order to govern with Merz.