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Conservatives: We'll lower taxes too

The Local · 17 Mar 2013, 10:16

Published: 17 Mar 2013 10:16 GMT+01:00

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The news comes just a day after it emerged that Merkel’s junior coalition partner, the pro-business FDP, wants to cut the “solidarity tax,” imposed more than 20 years ago to cover the costs of reunification and economic development in the former East Germany.

The common platform of cutting taxes is in stark opposition to the policies espoused by the centre-left SDP party and the Greens, who are planning to raise taxes.

The CDU’s apparent reason for lowering taxes is to relieve tax-payers of the effects of so-called “cold progression,” when taxes rise faster than real-term incomes because revenue thresholds are not adjusted for inflation.

A previous attempt by the government to curb the effect was blocked by the SPDs and Greens in the Bundesrat.

Story continues below…

Despite their pledge to lower taxes, Merkel and CSU leader Horst Seehofer have vowed to make balancing the budget a priority.

DPA/The Local/kkf

The Local (news@thelocal.de)

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Your comments about this article

13:05 March 17, 2013 by Steve1949
Wasn't her party the on that brought up reducing taxes once before? You can tell the election is getting near. If the Germans think she will reduce taxes if re-elected then they deserve what they get. It's all election bull.
13:31 March 17, 2013 by The-ex-pat
"Angela Merkel¦#39;s conservative Christian Democratic Union (CDU) and its Bavarian sister party, the CSU, will run its election campaign on a pledge to lower taxes."

The problem is , politicians have a different meaning for the word "pledge" than the rest of us.......

Normally it means; A solemn promise or agreement to do or refrain from doing something

Politicians means..........Ability to blow smoke up the rectal cavity of the electorate and then do what you want once you are in office, on the whole the exact opposite.....
14:47 March 17, 2013 by Englishted
How long have they been in power?

yet now they come up with this , never mind tax cuts lets have a large dose of austerity because thats what you will really do if you get in again.

The party that guarantees to increase the gap between rich and poor even if the only way is to make the poor poorer still .
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