What will be the minimum wage in Germany in 2023? The minimum wage is expected to be 14 euros!

13.11.2023
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What will be the minimum wage in Germany in 2023? The minimum wage is expected to be 14 euros!

Sahra Wagenknecht is at least as dissatisfied with the minimum wage as she is with the tax rate. He wants the minimum wage to be 14 euros and wants higher taxes on the highest earners.

Former left-wing politician Sahra Wagenknecht spoke in favor of a higher minimum wage and significantly higher taxes on very high incomes and assets.

The minimum wage should be 14 euros, which is still a very low wage at today’s prices.

The lower fare limit is currently €12.00. Next year the minimum wage is expected to rise to 12.41 euros, and in 2025 to 12.82 euros.

Assets and inheritances worth hundreds of millions, even billions, of dollars should be taxed more heavily to ease the burden on the middle class.

Wagenknecht calls for higher taxes on capital income
In addition, the Bundestag member added that the top tax rate could be significantly higher “if it reaches real top incomes and not higher-skilled workers as it does today.”

The top tax rate, currently 42 percent, used to be 56 percent. But this was only effective at multiples of the average salary. Today it already applies to one and a half times the average income. “This is ridiculous” Wagenknecht said. He also called for higher taxes on capital income: “There is absolutely no reason why people who receive dividends should pay much less tax than someone who is employed.”

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