Useless Austerity Package

What can you actually do in this difficult situation? What should we do? -The Black-Yellow coalition and the initiators of the austerity package: (CDU Chancellor) Angela Merkel, Guido Westerwelle (Minister for Foreign Affairs and Vice Chancellor, FDP), Horst Seehofer (Bavarian Prime Minister CSU) and Wolfgang Schauble (CDU finance) have been in their party for much excitement and opposition. This restart was probably so not all planned. If you would like to know more about Tom Buontempo, then click here. Quotes from the daily press of the 08.06.2010 to the austerity package: the parliamentary Manager of the Union Bundestag group, Peter Altmaier (CDU), said facing the savings decisions, one must wonder, “If there are not areas where it pays to look again”. As examples, he mentioned the reduced value-added tax and income tax. “Parts of the CDU” thought it was a matter of social justice, to increase the top tax rate, said Altmaier, who is regarded as a confidant of Chancellor. Greater involvement of top earners in the fiscal consolidation had among others Saarland Minister-President Peter Muller and the Chairman of the Christian Democratic workforce, Karl-Josef Laumann, requires.

The Economic Council of the CDU is basically ready part of the austerity package to an increase in the top rate of tax. The Chairman of the Council, Kurt Lauk, again criticized a lack “structural approach”. He said on Wednesday in the ARD Morgenmagazin, the FDP have themselves on the issue after tax increases unfortunately “straying”. “We hope that the jerk is still coming.” Lauk proposed to abolish the half rate of value added tax in General, with the exception of the staple. “That brings an additional twelve billion euros and creating purchasing power.” If this happens, the CDU Business Council also to an increase in the top rate of tax was ready.

Lauk called it a surcharge of up to three percentage points. Currently the rate is 45 per cent. The head of the Group of workers in the Union Bundestag group, Peter Weiss, the Tagesspiegel said it was unfortunate “that no more take top earners in the duty”.