The case is obvious: The long promised tax cuts will be celebrated, especially in the right papers because its a right tax cut. It will be mentioned in bild.de, wirtschaftwoche.de, handelsblatt.de. BUT: The rating agencies will get their overload of news of indiscriminate spending measures. Big bad bullshit.
Monday, 17 October 2011
Germany: tax cuuuts
The German conservative govt. performed the stunt: unable to perform at least the passing of "average" laws for two years, the conservative govt. is now able to perform 6 bio euro tax cuts - the only thing that dims the happiness: Germany's credit worthiness is already also endangered. "A poop" 2 years ago, it could now cause an avalanche. Schaeubles decision in terms of time is a total disaster, an embarassing election stunt preceeding the German vote 2013. It's totally debile.
The case is obvious: The long promised tax cuts will be celebrated, especially in the right papers because its a right tax cut. It will be mentioned in bild.de, wirtschaftwoche.de, handelsblatt.de. BUT: The rating agencies will get their overload of news of indiscriminate spending measures. Big bad bullshit.
The case is obvious: The long promised tax cuts will be celebrated, especially in the right papers because its a right tax cut. It will be mentioned in bild.de, wirtschaftwoche.de, handelsblatt.de. BUT: The rating agencies will get their overload of news of indiscriminate spending measures. Big bad bullshit.
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