German Government’s Energy Tax Cut Plan Remains on Track
The German Social Democratic Party’s parliamentary faction is confident that the agreed-upon electricity tax cut will be implemented through the parliamentary process. In an interview with the Rheinische Post, parliamentary business manager Dirk Wiese stated, “As always, the Strucksche Law applies here. The electricity tax cut for all is, at the very least, not off the table.”
Wiese also mentioned that the federal government has, within a period of around 50 days in office, already launched a “massive investment program.” This program, he explained, will relieve consumers of the gas levy, secure the reduction of the electricity tax for the industry, the agricultural and forestry sectors and have the federal government take on a significantly greater share of the costs of network expansion.
While the measures may not be as attention-grabbing as a tax cut for all, Wiese noted, “they are already having a noticeable impact on people’s lives.” At the same time, he emphasized, “we must always keep in mind that all steps must be financially sustainable.