“Germany is absolutely the last in terms of employee participation. With a tax exemption of 360 euros, we are in last place in the European comparison. This must change. To reach an internationally usual level, the tax exemption would have to be increased to 3000 euros. Dividends and interest income should not be taxed, as long as they serve long-term asset accumulation.”
– Mariel von Schumann, Chief of Staff at Siemens, in “Employees are the most loyal owners”, Handelsblatt, April 27-29, 2018, No. 82.
