Addressing Wealth Inequality in Germany

Green finance politicians in Germany are advocating for the elimination of tax privileges benefiting the wealthy, highlighting a growing inequality issue. The richest 1% hold more assets than 90% of the population, prompting calls for significant reforms.

Proposed changes include a debt brake, a national investment fund, taxation on real estate sales, and updates to inheritance laws. Following the resignation of leaders Omid Nouripour and Ricarda Lang, potential successors Franziska Brantner and Felix Banaszak are under consideration.

Meanwhile, the Green Youth expresses dissatisfaction with the party's conservative direction. Financial experts Andreas Audretsch and Katharina Beck are developing a reform paper to address these pressing issues and advocate for a fairer financial system.