Germany proposes national investment fund | DW News
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Make it an E.U. investment fund and youβve got a deal.
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Ugh, again tax benefits to non-humans. It's well established that if you reduce tax burden on workers and middle class, you have a much bigger economic bang for your buck. How many times is Germany going to make this mistake?
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Reduce the income tax, and make health insurance optional, i dont want to pay insurance and wait for 6 month for my appointment and uselss radio tax,
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yes, but where to invest?
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competition from china? what about US competition
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Half of germany belongs to ussr β€β€β€
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so the economy in ukraine is hopeless… send in the germans…
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Bolster the economy ? Maybe make friends with Russia ? Their oil and gas was your lifeline β¦
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This is another one of those SondervermΓΆgen (special asset) that the German government invents when they run out of money. Habeck's ideologies are part of the reason why things are going south in Germany.
Another one of those 'profit is private, losses are public' solutions. -
it's funny, nobody talks about language barrier in Germany which is one of the major reason that no talent wants to settle in Germany, and they shout for lack of manpower
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As self employed in germany if I make under 51k my tax is 20%
Over 51k and it goes to 40%.
Last 2 years I deliberately declined work because I know I can't go much over 51k and would in the end make less if I made more! It's crazy. -
Crazy how countries like Germany are struggling, and their economies been going down the drain for years now…
While sanctioned countries like Russia or China are prospering -
Reduce the income tax, reduce the energy price and fix deutsche bahn – the worst company creating a lot of social cost but if cant privatise that.
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π€£ too late + too mistake Goodbye German
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The Ampel & Habeck needs to go!
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Germany, please work for the welfare of Germany and stop pleasing USA.
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How about planning to oppose genocide ?.
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It took 4 years to come up with the idea? And just before next year's elections.
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Important question: people want to work?
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Germany is on a correct path to future, economy does NOT matter, value matters! congratulatios!
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How is following the US like a nice little doggy working out for you? ππππ
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After reading the Comments, I think you should invest in more Russian Bots.
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american military and economic coercion has impoverished Germany
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Germany won't recover because it has damaged its reputation and brand badly. Trust has been lost in many markets. Quality has fallen and prices where too high for too long so many people have since moved on and tried alternatives. Unfortunately for Germany those alternatives proved very good. Sadly without its past ability to command a premium, Germany cannot compete on price as its input costs for resources & energy are too high and the labor market cannot adjust easily. It is a real mess that taking on debt wont help… Germany needs to find its independence and reboot itself. It needs to close the foreign military bases, kick out all the spies, declare itself neutral and rebuild itself and its brand through hard work, good engineering and clever innovation.
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German industry had access to very cheap Russian gas. Cutting off its supply was a shot in the foot. Now good luck.
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Im from germany and i can say weβre doomed. As soon as i have some money i will leave.
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The dumb EU
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It's really difficult to start a business in Germany. It's just too much bureaucracy.
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Ronald Reagan's quote is relevant here:
"The government's view of the economy can be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it doesn't keep moving, subsidize it." -
Invest will not help, we need to change the mindset
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I think Germany has an ego problem.
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English speaking countries have an easier time attracting talents. Learning a new language as an adult is not easy.
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What the finance minister suggests is creating a national investment encouragement fund. So, if a car company invests 10 billion euros on a battery manufacturing plant in Germany, then when tax time comes if the company owes 3 billion euros in taxes, 10% of their investment (1 billion euros) is deducted. Therefore, they only need to pay 2 billion euros in taxes, and if the company only owes 800 million euros in taxes, in order to match their 10% investment (1 billion euros) not only would the government write-off the 800 million they will then give the company 200 million euros.
The 200 million euros will come from the investment fund. In my personal opinion I think this is a good incentive, but by itself is simply useless. The fund needs to be large enough to entice large companies and the consumer should also participate. -
So they want private companies to start investing and watering seedling companies, and they get 10% of it back?
I guess private companies are going to find more niche and innovative new businesses, but how about just forcing companies to pay a set amount and money into a common fund, a syndicate fund, and then they must decide on how to make a big investment together that will raise the waters for everyone, like an important R&D or big procurement like a privately owned power plant to have cheaper energy.
We so often have initiatives to incentivise growth of seedlings, but maybe sometimes we need investments to transform the land that the trees are growing on, rerouting the rivers and unflooding the floodplains. -
Corporate welfare for Chinese factories
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Germany needs their own "Hollywood"
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China is biggest national investor (with printed money) and they have no inflation because their investments produce !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! And eu politics has till now even subsidized consumption from China so in other words eu gives money to China producers so tehy can be even more competitive… Idiotic beyond any reason………….
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Germany's big mistake was Merkel's buddy system with Putin. STASI association is carried on by Scholz. Germany wants to get back to trading with Putin and Russia.
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With all due respect, I am only seeing deterioration of German society, as a visitor, comparing to a decade ago.
The political system with multiple goals and bureaucracy is slower than a snail, an idea germination in Germany is a big???
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An industrial economy, like Germany, cannot be competitive with high energy costs. The decisions against nuclear power and for dependence on Russian oil and gas have left Germany with amongst the highest energy costs in Europe. Borrowing and spending can paper over the underlying problems, like most of the world is doing. In the long run, Germany, with their huge energy and demographic problems will become one of the poor countries of Europe.
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As if people living and working in Germany have money to invest in setting up a business.
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I'm favored financially with Bitcoin ETFs approval, Thank you buddy.$32,000 weekly profit regardless of how bad it gets on the economy.
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Lower the interest rates as a first step. Borrowing is tough right now in Germany. How will people invest.
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It's not about having money to invest, it's about where to invest it into.
The fundamental problems must be solved first – like a system where it takes months to open a company (hours in Singapore), limiting the talent attraction by a language barriers and taxation system (look at the Denmark, where it's much harder to get a citizenship, they try to get rid of immigrants not contributing to the economy, but at the same time the whole business speaks English and there are tax brakes for high-earning expats, so they attract the best among 1.5 billion English-speaking people based on their expertise and knowledge, not on how they can hold a conversation in Biergarten), promoting entrepreneurship and fast-paced innovation (like in the US).
In other words – it doesn't matter much money you pour from fancy funds into a bucket which has so many gaping holes in it. -
Would love to return to Germany for well paid top workπ Germany, France and UK are on the top of my list.
Good luck with both investment and recruitment plansπ©πͺπποΈ.
Please do visit Sri π±π° Lankaπ§
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Just abolish the laws that mandate annoying features into the new cars. I for example will keep my 15 year old car as long as it does not leave me in the middle of the road. As even the cheapest car from 2010 is better than any new car, as I just turn the key and go, I don't have to turn off every time I start the car the beeping of the bugous speed limiter and the automatic turn off of the engine which makes the car slower in intersections. And the car from 2010 has better ground clearance, as it is not forced to keep the emisisons so low, thus I can go on the bad roads around the city with it.
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