World News

Klingbeil Aims to Replace Spousal Income Splitting with New Tax Model

July 11, 2026Степан Корнилов1 мин

SPD co-leader Lars Klingbeil is advocating for a significant shift in Germany's tax system. Under his proposal, future newlyweds would no longer be able to reduce their income tax liabilities through the existing spousal income splitting system (Ehegattensplitting). Klingbeil has now committed to a new tax model, which is also expected to introduce changes for couples who are already married.