Another dump on the pile of shit that this country is becoming
No Germany! You’ve been doing so well!
They just like to put out the perception that they’re better, really Germany is a shit show too
A lot of politics and media are importing american ways of communicating and fearmongering.
This is the best summary I could come up with:
While Germany’s coalition parties have hesitated over the extent of the country’s tax cuts, the economy has remained static.
The conflict has seen German energy prices surge, after Berlin’s reliance on Moscow for gas was brought to a halt.
“We’ll discuss how to achieve a big boost,” Chancellor Olaf Scholz said at the start of a two-day cabinet retreat at Schloss Meseberg, a baroque castle outside Berlin.
The tax cuts are part of a 10-point program and intended to kickstart economic growth whilst making sure companies made the decision to invest in Germany, Scholz said.
The plan includes a premium for energy-saving investments, as well as rule changes to make it easier for companies to write off losses.
As Germany boosts spending, some critics fear that without a new European Union green fund, only larger economies with more fiscal power will be able to push ahead with national subsidies, leaving smaller countries behind.
The original article contains 282 words, the summary contains 144 words. Saved 49%. I’m a bot and I’m open source!
It didn’t work for America, but okay
Why always fucking corporate tax cuts? How about people tax cuts? You know, when people have more money, they spend more. Thus giving more money to the corporates as well.
do you have a source for this? because obviously it‘s utter bullshit, just looking at the recent tax cuts for german gas stations which were decidedly NOT „passed onto the consumer“
Nope. Company by law exists to make a profit. So if people are used to a price, they won’t be making it cheaper just because they now can make it cheaper.
I mean, I’m already taxed 15% on income tax, another 11% on social and health security, then whenever I buy anything, 21% of the price is tax (so if I spend all my income every month, it was basically another 21% of income tax). Petrol has another tax extra (don’t know how much). When I bought a piece of land I paid another 4% as a tax (and I still had to pay for all administrative tasks like changing the owner in the registry). And I pay tax for owning the land every year. I’m pretty sure I forgot some tax.
I think I’m well over 40%. Not quite happy about it, though.