"Labor Union Insists: Addressing Investment Deficit Should Be a Priority for the State Administration in 2026" - State needs to lessen investment congestion considerably by 2026, as per trade union's demand
In the current financial landscape of Hessen, Germany, Michael Rudolph, the chairman of DGB Hessen-Thueringen, has highlighted the significant investment backlog faced by both the state and municipalities. To address this issue, he has proposed two key initiatives: a reform of the inheritance tax and a state investment program.
Rudolph's reform of the inheritance tax aims to bring a new perspective, considering the inclusion of corporate assets in the future. This reform, however, does not seem to be directly related to the construction of bicycle paths or educational infrastructure, unlike the proposed state investment program.
The state investment program, on the other hand, is designed to address the investment backlog in the education and mobility sectors. It includes proposals for investments in educational infrastructure and the construction of bicycle paths for municipalities.
Rudolph has also suggested utilizing the leeway provided by the debt brake more consistently and considering suspending the ban on borrowing due to the war in Ukraine. However, these proposals do not appear to be contingent upon the inheritance tax reform or the state investment program.
Finance Minister Alexander Lorz (CDU) has announced austerity measures for the next year's Hessen state budget. The proposed reform of the inheritance tax does not seem to be related to these austerity measures.
The German Trade Union Confederation (DGB Hessen-Thueringen) typically advocates for increased public investment in infrastructure, education, and social services to reduce investment backlogs. They often call for sufficient budget allocations in state budgets to ensure sustainable development and modernization, along with fair labor conditions and involvement of trade unions in planning processes.
While specific proposals by DGB Hessen-Thueringen for the 2026 budget related to the investment backlog were not available in the current search results, it is generally understood that they would align with their advocacy for increased public investment and sustainable development.
The state investment program, as proposed by Michael Rudolph, focuses on addressing the investment backlog in sectors like education and mobility, including investments in educational infrastructure and the construction of bicycle paths for municipalities, which aligns with DGB Hessen-Thueringen's advocacy for increased public investment. Conversely, the reform of the inheritance tax, although discussed, does not seem to be directly related to these initiatives or the austerity measures announced by Finance Minister Alexander Lorz for the next year's Hessen state budget.