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In Spain, 3.8 million homes are empty, while many families in cities like Madrid have to spend a large part of their income on housing, which has led to protests that have been further fueled by the death of 87-year-old Mariacarmen Abascal, who was forcibly evicted from her apartment. #Wohnungsnot #Spanien #Proteste (translated)

RobynHD criticized that the Bundestag had rejected two motions to abolish the tax-free Bitcoin holding period the day before. The Greens had called for cryptocurrency gains to be taxed at the personal income tax rate, regardless of the holding period. A total of 132 representatives voted in favor, while 445 voted against. A motion from the Left Party had also failed. This proposed, among other things, taxation akin to stocks, an exit tax, and a EU-wide trading ban for certain proof-of-work coins. The CDU/CSU, SPD, and AfD rejected the proposals. However, the vote does not mean that the abolition is off the table, RobynHD wrote. The SPD-led Ministry of Finance is working on a reform that is also supposed to end the one-year holding period. Bitcoin purchased from 2027 onwards should be taxed at a basic rate of 26.375 percent; existing holdings would be protected. The cabinet is expected to address the proposal on October 14. RobynHD acknowledged that other legislative proposals had been up for decision during the vote. Nonetheless, from the author's perspective, it is alarming that work continues on the abolition despite the clear rejection. The Union could still prevent the reform, but RobynHD has little hope. #Bitcoin #Krypto #Steuern (translated)

The author described the situation of mathematicians as a disaster. He wrote that their intellectual work is devalued by AI, and they are becoming its assistants. This could also happen to many other academics in the future. At the same time, in his assessment, respect for human intellectual achievement as well as their income is declining. #Mathematik #Akademiker #KünstlicheIntelligenz #None (translated)

The author accused Klingbeil of increasing the top tax rate in violation of the coalition agreement, thereby placing a burden primarily on sole proprietorships. He also wrote that small and medium incomes would be more affected because inflation and new and higher taxes were consuming what he viewed as only symbolic relief. https://t.co/S0jstFdpEM #Steuern #Inflation #Wirtschaft #DE (translated)

In the Bundestag, the first discussions on income tax reform are beginning, while the federal government expects an economic growth of 1.3 percent for 2026, and the Left, Greens, and SPD announce exploratory talks after the election in Berlin. #Einkommensteuerreform #Bundestag #Ukrainekonflikt (translated)

The Tagesschau reports on the initial discussions regarding income tax reform in the Bundestag, the expected economic growth of the federal government for 2026, as well as current events in politics and international news. #Einkommensteuerreform #Bundestag #Wirtschaftswachstum (translated)

The Australian exchange student wrote that in the past 24 hours, plans for a sugar and plastic tax, as well as higher contribution assessment limits, tobacco, inheritance, and income taxes have become known. However, there are no plans for spending cuts. He criticized that the Germans are being treated like an exploitable source of money. #Steuern #Deutschland #Politik (translated)

Blocktrainer wrote that the Bundestag rejected both a draft law from the Greens and a proposal from the Left to abolish the Bitcoin holding period. The Greens had proposed to tax crypto gains as income regardless of the holding period. The Left called for the taxation of Bitcoin and other cryptocurrencies like stocks, as well as subjection to exit taxation. According to Blocktrainer, the draft law from the Greens had already failed in the Finance Committee in May and is now definitively off the table. #Bitcoin #Kryptowährungen #Bundestag (translated)

Furkan Yildirim wrote that US consumer inflation expectations had risen to 3.9 percent, reaching the highest level since May 2023. A month earlier, they had been at 3.6 percent. For the next twelve months, Americans expected price increases of 9.2 percent for medical costs, 7.5 percent for education costs, 6.8 percent for rents, 5.5 percent for food, and 4.8 percent for gasoline. Wages were expected to rise by only 2.6 percent during the same period. At the same time, households planned to spend 5.5 percent more – the highest figure since May 2023. Their income was only expected to grow by 3.1 percent, according to Yildirim. He also wrote that more households reported a worse financial situation than a year ago and that loans were harder to obtain. Prices were outpacing wages, he summarized. #Inflation #Wirtschaft #Verbraucherpreise (translated)

Finance Minister Lars Klingbeil defends his proposal for income tax reform in the Bundestag, which provides a gross relief for citizens with low and medium incomes, but faces widespread criticism from the opposition and coalition partners due to insufficient measures and social inequalities. #Steuerreform #Einkommensteuer #Bundestag (translated)

"When an agreement is reached, each partner must present their matters. And I believe that the income tax reform can only be decided when the other issues are also ready for decision on the table." The Union in the Bundestag wants to change that, says its financial policy spokesman Fritz Güntzler to the ARD Hauptstadtstudio. #Steuerreform #Bundestag #KalteProgression (translated)