Great Start in Germany: Three Days After Election Victory, Merkel’s Party Breaks Campaign Promise Of “No Tax Hikes”

GreatStartinGermany: ThreeDaysAfterElectionVictory, Merkel’sParty Breaks CampaignPromiseOf “No TaxHikes”

Germans pay a lot of taxes. The value added tax was raised to 19%. The state grabs 42% of any income above €52,882 and 45% above €250,731. There’s the church tax, solidarity tax, gasoline tax…. Not much is left over when a German is done paying taxes. So, during the campaign, Chancellor Merkel’s party pledged categorically not to raise taxes.

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