TMV and Action Alliance Economic Warning Day demand relief for medium-sized businesses

In times of rampant Trumpism, the future governing coalition must do everything to strengthen the competitiveness of the German economy, according to the managing director of the Taxi and Rental Car Association (TMV), Patrick Meinhardt. This necessarily requires tax relief for companies. Higher taxes would be exactly the wrong approach, as it would strike at the heart of the entrepreneurial middle class, the backbone of our economy.

“Our companies also need fair competitive conditions - internationally, but also in Germany,” Meinhardt further emphasizes. “The medium-sized taxi and rental car industry is currently exposed to brutal predatory competition from a US corporation on our streets.”

This shows where the journey is heading when guardrails are missing. Therefore, it is expected from the future government coalition to initiate a genuine mobility transition. For this purpose, the TMV stands ready as a partner.

Reference to the ten demands of the Economic Warning Day

Two months ago, a total of 140 associations and hundreds of companies organized a nationwide Economic Warning Day with around 200 actions in 100 locations and with five rallies.

"The economy usually does not demonstrate, so the situation is serious," explains Meinhardt. "Unfortunately, the desolate state of the German economy has not changed since then."

New Start for Germany

The TMV acknowledges the coalition partners' effort to seek a new start for Germany and to make Germany an economically and defensively strong country. But good economic policy requires more than debt. The Taxi Association calls for framework conditions that make it attractive for both domestic and foreign companies to invest here and provide a future perspective for the country's middle class. It should also become more attractive for urgently needed skilled workers from abroad to come to Germany.

“Instead, the news from the coalition negotiations so far gives reason to fear that our businesses will relocate their investments abroad as they have recently, or stop altogether, and investors will steer clear of Germany,” laments the chief executive of the TMV. “We are increasingly losing the best skilled workers—either to retirement or through emigration.