On Thu, 18 Oct 2012 00:51:53 -0700 (PDT), "PJ O'D"
wrote:
CNBC 10/16/12: "Merkel Urges Tax Cuts to Boost German Economy" Wie
sagt Mann 'trickle down' auf Deutsch?
"Chancellor Angela Merkel said on Tuesday Germany needs to stimulate
domestic economic demand and urged opposition parties to stop blocking
proposed tax cuts..."
http://www.cnbc.com/id/49433579
Germany has very high taxes with a 45% marginal tax rate on average
income workers.
http://www.businesspundit.com/12-cou...est-tax-rates/
Compare that, for example, to the relatively low tax rates that we
have in the U.S. Merkel has also encouraged German firms to give
their employees higher wage increases this year, incidentally.
http://www.cnbc.com/id/49433579