Schlick, Gregor - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 93 (2013) 12, pp. 841-845
The basic allowance of the german income tax system is designed to ensure that the minimum subsistence level is not … taxed. According to German income tax law, the basic allowance is not deducted from income. Instead, the tax schedule has a … zero-rated bracket. Thus, the income tax schedule has a dual function: it determines the tax burden and exempts the …