Radical new idea: Raise taxes
While the six leading native economic research institutes warn of a break in economic growth once the planned increase of the value added tax from 16% to 19% takes place next year, the designated SPD (Social Democratic Party) boss Kurt Beck has determined that German tax rates are in fact much too low and need to be raised in other areas, as well.
“A caring social state shouldn’t begin worrying about its citizens when they are poor,” he says. “It should see to it that they never become poor in the first place.” I see what he’s getting at, I think. Poverty is relative, you see. So if you make everybody poor now, then that’s one less problem to deal with.
You know, they’re all in the same boat then and there’s no more Neid (envy) anymore and there will be peace on earth immediately and forevermore and they can all fly off to Mallorca again to recover from the stress of it all etc.
Oh yeah, here are some of the gory details: The experts claim that the value added tax increase will decrease the predicted growth rate of 1.7 one full percentage point. And oops, I almost forgot. An increase in retirement insurance payments is also planned, as is the striking of a big commuter write-off tax benefit. They just got rid of a federally subsidized home owner assistance plan, too.
So you see it’s not like the natives aren’t getting anything for their money here or anything. When it comes to the current financial policy, I mean.
Steuern hoch, Hose runter!
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