German SPD leader Schulz promises higher taxes for the rich


  • World
  • Monday, 19 Jun 2017

Chancellor candidate Martin Schulz of the German Social Democratic Party speaks at his party's annual economy forum in Berlin, Germany, June 13, 2017. REUTERS/Axel Schmidt

BERLIN (Reuters) - Germany's Social Democrats (SPD) said on Monday they would tax the rich more and low earners less, making a play to win back working-class voters as the party seeks to revive a flagging election campaign.

SPD leader Martin Schulz hopes to unseat Chancellor Angela Merkel in the Sept. 24 election, but the centre-left party has lost momentum in the polls since making gains following his nomination in January.

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