From Sweden to France, Germany to Austria, Switzerland to Italy, and even Spain ... European countries are moving away from heavy taxation and toward a more business friendly environment. And then there is the US, where Obama has declared war on wealth ... whether it is taxing, raising taxes, or demanding banks open their books to inspection so as to allow taxation ...
Merkel Wins Majority for Tax-Cut Coalition in German Election
By Tony Czuczka and Brian Parkin
Sept. 28 (Bloomberg) -- German Chancellor Angela Merkel said she’ll press ahead with tax cuts and labor-market deregulation after winning re-election with enough support to govern with the pro-business Free Democrats.
With Germany struggling to recover from the deepest economic slump since World War II, voters spurned plans by Merkel’s Social Democratic challenger to raise taxes on top earners. Frank-Walter Steinmeier’s SPD had its worst postwar result in what he called a “bitter day” after sharing power with Merkel for four years and governing for the previous seven.
“There’s a clear sentiment in favor of economic changes, especially on income taxes,” Tilman Mayer, head of the Bonn- based Institute for Political Science, said in an interview. “Voters have turned their back on grand coalition-style compromise politics.”
Merkel, 55, said on ARD television that talks on forming a coalition with the Free Democrats will proceed quickly, and her focus will be on creating jobs in Europe’s biggest economy. She dismissed the FDP’s call for a complete overhaul of the tax system, saying she wanted to be seen as the “chancellor of all Germans” and won’t let her new junior partner dictate policy.
During the campaign, she pledged to pursue deregulation, extend the life of nuclear-power plants and introduce across- the-board tax cuts of 15 billion euros ($22 billion).
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There was no mention of the fact three warnings were given to Germany by al qaida - if Merkel was re-elected ... al qiada would attack. Merkel has been re-elected and she will govern with a comfortable margin.
We will now watch as Germany is attacked by the same blood-thirsty murderers that attacked the United States ... and Obama will arbor and demand, be repulsed by, and angry ... and will send the FBI and police and inspectors and ... but he will not do what he should do, because he does not understand the nature of our enemy.
taxation