Introduce a windfall tax and a pay cap
The Tierschutzpartei wants an additional tax on companies' unusually high windfall profits. In addition, the top salary in a company should be no more than 20 times the lowest one. The reasoning is that profits should not come at the expense of employees and the environment.
Some companies make very high profits by chance. The party wants an extra tax on these profits. Bosses should earn at most 20 times what the lowest-paid worker in the company earns.
The platform defines windfall profits as profits that turn out unusually high because of random outside events. The party sees such profits in recent years mainly in the energy sector and in industries that harm the climate. The pay cap would be tied to the lowest wage in the respective company. Corporations that, in the party's view, make poor business decisions and neglect their workers should not be bailed out by the state.
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„Deshalb fordern wir eine Steuer auf Übergewinne von Unternehmen sowie eine Gehaltsobergrenze, die das Zwanzigfache des niedrigsten Gehalts im Unternehmen nicht übersteigen darf.“Translation: That is why we demand a tax on companies' windfall profits as well as a salary cap that may not exceed twenty times the lowest salary in the company.
Placement
- Economyclearly more state
Neither a windfall profits tax nor a statutory salary cap exists today; both would be strong state interventions.