Young Volgenberg (PPE) initiates by expressing his congratulations to Mr. Glinne on his report. (NL)

In the political landscape of Germany, Maximilian Eitner, a board member at North Rhine-Westphalia's Young Free Electors (YFE NRW), is advocating for a shift in focus from further redistribution measures to identifying and implementing existing savings potential. This stance was expressed in the year 2025.

Eitner believes in less redistribution and more targeted investments for the future of Germany, emphasising the need to secure the long-term competitiveness of the country. He warns against the reintroduction of a wealth tax, stating that it could create new barriers for Germany.

Eitner's concerns are not unfounded. The opposition is proposing to examine social programmes like child basic security and citizen's income for potential savings. If a wealth tax were to be reintroduced, it could deter skilled professionals and potential investors, making Germany less attractive as a location for these individuals.

Notably, countries like Switzerland and Austria have lowered or abolished their wealth taxes to strengthen their economic locations. Germany, currently having one of the lowest wealth-related tax burdens in Europe, could similarly benefit from such a move.

Eitner suggests that the increase in citizen's income and child basic security projects should be continuously reviewed in terms of their cost-benefit ratios. He supports a debate on how the welfare state can contribute to budget consolidation, advocating for tax savings and reforms that bring real relief.

The social budget in the federal budget 2024 amounts to approximately 175.67 billion euros. With such a substantial figure, it is crucial to ensure that every euro is spent wisely and effectively.

YFE NRW, under Eitner's leadership, is against the reintroduction of a wealth tax. They advocate for identifying and consistently implementing existing savings potential instead of implementing further redistribution measures. The reintroduction of a wealth tax could create further bureaucratic hurdles, potentially hampering the efficiency of the social programmes themselves.

In conclusion, Maximilian Eitner's stance on the issue is clear: Germany should focus on implementing cost-effective measures and reviewing the efficiency of social programmes, rather than considering the reintroduction of a wealth tax that could potentially deter skilled professionals and investors.

Young Volgenberg (PPE) initiates by expressing his congratulations to Mr. Glinne on his report. (NL)