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Germany's Schaeuble plans for tax cut proposals

Germany's Finance Minister, Schaeuble, is planning to proceed with tax cut proposals, as per the Bild newspaper 's publishment today.

Germany's Schaeuble on tax cuts

On Tuesday, Schaeuble had the chances to meet with the lawmakers regarding the nation's scope for cutting taxes by approximately 15 billion euros after the federal elections in September 2017.

The German Finance Minister, though, aims to start the process of tax cuts start of 2017, resuming 2018, Bild reported.

Schaeuble told the newspaper that the tax relief must improve quickly enough so as to avoid unwanted consequences or discrepancies along the way.

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Friday, 09 Sep, 2016 / 9:13

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