German Finance Minister Defends Income Tax Reform Draft Amid Criticism

German Finance Minister Klingbeil defended his income tax reform draft in the Bundestag against criticism from the Greens and the Left, who argue the plans do not go far enough. Klingbeil framed the proposals as setting the right priorities 'within the realm of the possible', signaling a moderate, compromise-oriented approach. The reform's final shape remains uncertain as coalition and opposition dynamics play out.