Investment booster: Thuringia relies on tax relief for companies!

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Thuringia supports the investment booster with tax relief for companies to promote economic growth and employment.

Investment booster: Thuringia relies on tax relief for companies!

The Federal Council today approved the investment booster with tax relief for companies. This measure, which is perceived as an economic stimulus, was praised by Thuringia's Economics Minister Colette Boos-John as a signal for more growth and employment. Loud South German newspaper, the investment booster is intended to have an impact together with the relief in energy costs that has already been decided.

With the votes of Thuringia, the state chamber approved the law on tax relief. Boos-John emphasizes that these measures are urgently needed to improve the mood in German companies, which she believes is developing positively.

Demands for competitiveness

However, Boos-John also calls for further steps to improve competitiveness, particularly with regard to high energy prices. With an independent motion for a resolution, Thuringia advocates a sensible energy policy in order to strengthen the economic environment for companies. Thuringia believes that there must be a reduction in electricity tax to the European minimum for all consumer groups in order to achieve noticeable relief, especially for East Germans.

Prime Minister Mario Voigt supports the investment program and describes it as a positive signal for the economy. He emphasizes that gross fixed capital formation has fallen by nine percent compared to the previous year and that action is therefore required. Thuringia is not only committed to an affordable energy supply, but also calls for more freedom for regional solutions in wind power expansion as well as a technology-open approach to strengthening renewable energies.

Migration policy in focus

On another topic, Thuringia has changed direction in migration policy and supports the new guidelines of the federal government under Chancellor Friedrich Merz. This includes the temporary suspension of family reunification for those entitled to subsidiary protection for two years in order to relieve the burden on the integration structures. Voigt emphasizes that it is necessary to limit migration policy.

The entire strategy is seen in a comprehensive economic and social context, which is of great importance for the state government. By approving the investment booster, Thuringia sent a clear message: It is time to act to stabilize Germany as a business location and make it sustainable. However, further measures are essential.