Young Socialists: Jusos demand basic inheritance: 60,000 euros for their 18th birthday

Young socialists
Jusos are demanding basic inheritance: 60,000 euros for their 18th birthday

Philipp Türmer is considered critical and left-wing. There is a need for “loud, independent, courageous Jusos again,” he said. photo

© Moritz Frankenberg/dpa

After a long period of silence, the Jusos vent themselves. With a new boss, they want to turn the SPD to the left. One demand will particularly appeal to the majority of the younger audience.

The Jusos are demanding a basic inheritance of 60,000 euros for everyone over 18 years old. The young SPD voters voted for a corresponding proposal at its federal congress in Braunschweig. “We finally need a consistent redistribution from top to bottom,” said a delegate. “Very few people who are wealthy today worked for it,” said another.

The Jusos concept envisages an unconditional payout of 60,000 euros to everyone who has reached the age of 18 and has their main residence in Germany – regardless of their residence status. The use of the basic inheritance should not be restricted to a specific purpose and the payment should be made automatically and without application.

The costs: 45 billion euros per year

The financial outlay would be enormous – according to Jusos, the basic inheritance would cost around 45 billion euros per year. They see it calmly: “Not even 15 percent of the approximately 400 billion euros that are inherited every year without any benefit would have to be collected and redistributed through inheritance tax,” says the application.

This is to be financed through a reform of the inheritance tax. From an allowance of one million euros, the Jusos demand an inheritance tax of ten percent. The tax rate should then increase gradually: the second million should be taxed at 20 percent, the third million at 30 percent. From the ninth million onwards, a top tax rate of 90 percent would apply.

dpa

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