Financial expert criticizes planned changes to the law to relieve the burden on companies

Financial expert criticizes planned changes to the law to relieve the burden on companies

According to a report by www.deutschlandfunk.de, the managing director of the German Chamber of Commerce and Industry (DIHK), Martin Wansleben, criticizes the federal government's planned change in the law to relieve the burden on companies. The so-called Growth Opportunities Act is intended to relieve the German economy of an average of seven billion euros per year through tax relief, among other things. The key point is a bonus for investments in climate protection. A public hearing on the project is planned in the Bundestag's Finance Committee at the beginning of next week.

Martin Wansleben's criticism has potentially negative effects on the market. Limitations and ambiguity in the planned improvements could lead to uncertainty in companies, which in turn could affect investment and growth. The threat of tax losses, which the German Association of Cities also points out, could lead to a deterioration in the financial situation in the cities and thus hinder economic development in the affected areas.

It is important to take the concerns of the Chamber of Commerce and Industry and the German Association of Cities seriously and to carefully review the planned changes to the law in order to avoid potential negative effects on the market or the financial sector.