Finance Minister: Damage to the plane – Klingbeil stranded after G20 meeting in the USA
Lars Klingbeil is stranded in the US after the G20 meeting due to a defective plane. And he's missing the very cabinet meeting at which his tax law is being decided.
German Finance Minister Lars Klingbeil will miss a cabinet meeting on Wednesday due to a flight issue in the US. He had travelled to Asheville, North Carolina for a G20 finance ministers meeting on Sunday and was set to return on Tuesday but his flight was cancelled due to a defect. Klingbeil's income tax reform plan has faced criticism, including from coalition partner Union, with Economy Minister Katherina Reiche calling for greater tax relief.
The plan includes tax cuts for lower and middle incomes, with an estimated 614 Euro relief for a family with two children, and increased taxes for high earners.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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