German Tax Increase Urged by IG Metall Head, Handelsblatt Says

Berthold Huber, head of Germany’s IG Metall industrial union, called for raising the country’s top income-tax rate to more than the current 42 percent, Handelsblatt said, citing an interview.

With a view to government budgets strained by the debt crisis, Huber said that turning the 42 percent rate into a dogma isn’t a forward-looking policy, according to comments published in the newspaper today.

To contact the reporter on this story: Tony Czuczka in Berlin at aczuczka@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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