In a major interview with the Kölner Stadt-Anzeiger, FiFo Director Sebastian Siegloch advocates, among other things, reforming inheritance tax in view of tight public finances and a welfare state under reform pressure. While companies should not be taxed excessively, targeted adjustments are possible, such as lower exemptions for business assets combined with generous deferral or instalment arrangements. Germany's effective tax rate is very low by international standards, and the wealthiest heirs sometimes pay no tax at all due to exemptions. Reform could close tax loopholes, secure revenue, and enable the welfare state to act in the long term.