Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts
Wednesday, November 4, 2009
Sunday, October 25, 2009
Germany cuts income taxes, really?
It took 3 weeks of tough bargaining but Germany has announced a coalition deal that will cut its income taxes by 24 bn euros ($36bn). Pleasantly surprising.
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Follow Up: Rich Germans petition to pay higher taxes
A group of wealthy Germans wants to pay higher taxes. It is estimated that a 5% wealth tax lasting 2 years would raise approximately 100bn euros.
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