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The Social Democratic Party (SPD) is spearheading an ambitious tax reform aimed at relieving the financial burden on 95% of taxpayers, while imposing higher taxes on the wealthy. This initiative includes a reintroduction of the wealth tax, targeting assets above one million euros, despite its previous suspension by the Federal Constitutional Court in 1997. The SPD's reform plans also propose increased inheritance taxes and a crisis levy, with the intent to shield businesses from these additional..

The Social Democratic Party (SPD) in Germany is advocating for renewed incentives to bolster the electric vehicle (EV) market. Their proposal includes a purchase premium for electric cars, quotas for leasing companies, and tax benefits for fleet vehicles. The aim is to achieve the government's target of 15 million fully electric cars on the road by 2030. To encourage this shift, buyers could receive an environmental bonus of 4,500 euros for vehicles priced up to 40,000 euros. The move comes..

Lars Klingbeil, a prominent figure in the Social Democratic Party (SPD), is taking significant steps to fortify the party in anticipation of the 2025 federal election. As the SPD's most influential leader next to Chancellor Olaf Scholz, Klingbeil has appointed Matthias Miersch as the new general secretary. Miersch advocates for policies such as retirement at 63, a minimum wage of 12 euros, and a wealth tax. Klingbeil is strategically positioning the SPD between aggressive military postures and..

Chancellor Olaf Scholz's focus remains firmly on navigating Germany through a challenging period, leaving him no time for electoral campaigning until 2025, according to SPD party leader Lars Klingbeil. While the SPD trails behind the CDU/CSU in polls, Klingbeil believes opportunities lie in the polarization between Scholz and CDU leader Friedrich Merz. Scholz's leadership style has been defended by SPD Chairwoman Saskia Esken, despite internal criticism and the challenging dynamics within the..

Shigeru Ishiba, a seasoned politician and former defense minister, has emerged victorious in the leadership race of Japan's ruling Liberal Democratic Party (LDP). This victory secures his position as Japan's next prime minister, succeeding Fumio Kishida, who resigned amidst declining approval ratings due to inflation and financial scandals. Ishiba defeated Sanae Takaichi, who aspired to be Japan's first female prime minister, in a closely contested run-off. Ishiba's victory has significant im..

The recent regional elections in Thuringia and Saxony have significantly shaken German politics, with Brandenburg's election still to come. As parties gear up for the 2025 federal elections, finding a viable chancellor candidate is paramount. Current Chancellor Olaf Scholz, facing historic low popularity, sees his Social Democratic Party trailing behind the far-right Alternative for Germany. Despite internal discussions, potential rivals like Kevin Kühnert remain cautious, while Defense Minister..