The name sounds promising: Growth Opportunity Act. Munich’s city treasurer Christoph Frey basically has nothing against the good intentions behind it – to relieve companies in the face of an impending recession, to boost their business with the help of tax breaks. “The federal government can do that when it comes to its taxes,” says Frey, “but there is a component that affects the municipalities.” And that is why they are mobilizing against the draft law by Federal Finance Minister Christian Lindner (FDP).
Munich: City Treasurer Frey fears lower income – Munich
