Tax Us More?

Don’t ask. It’s a German thing.

Taxes

Germans Agree CO2 Taxes Aren’t High Enough and Want to Pay More – Germans say they’re ready pay a higher national levy on carbon pollution after utilities and policy makers joined climate activists in rebelling against proposed below-market rates deemed insufficient to fight climate change…

Merkel said the levy was the “centerpiece” of her government’s move to get Germany back on track to cut emissions.

Now if we could only get Merkel & Co. to cut their emissions. German oddity 10: Germans have more words for taxation than Eskimos have for snow.

Germany To Repay Customers Of Insolvent Thomas Cook

How nice of Germany to do that. But where does Germany get the money to repay them?

Germany

It’s no Kunststück (slight of hand), folks. I could repay customers of insolvent companies all day long too as long as I had somebody else’s money to repay them with. Just milk the taxpayer again, in other words.

Germany will give financial assistance to customers hit by the insolvency of Thomas Cook because the tour operator’s insurance cover has proved insufficient, it said on Wednesday…

Insurer Zurich’s (ZURN.S) liability is capped at 110 million euros ($121 million) but it has already registered claims worth 250 million and experts estimate total claims will reach 300 million to 500 million euros, ARD said.

A legal opinion commissioned by Zurich concluded that state liability is possible because the German government inadequately implemented a 2015 EU directive meant to ensure customers get their money back in the case of the insolvency of a tour operator, the report said.

“Damages that are not compensated by other parties will be settled by the federal government.”

German Of The Day: Transaktionssteuer

That means financial transactions tax.

Tax

And that means, as usual, taxing the little guy tying to get ahead while letting the big time speculators off the hook. All in the name of Social Justice. Or Social Democracy (SPD), if you prefer.

Germany Pushes Forward on European Financial Transactions Tax – Under a new blueprint for the tax, sent by Germany Finance Minister Olaf Scholz to the other governments on Monday and seen by The Wall Street Journal, anyone buying shares in large companies domiciled in those countries and with a market value of over €1 billion ($1.1 billion) will have to pay a minimum 0.2% tax over the transaction value…

Germany is under some time pressure to deliver an agreement since the government has already earmarked the expected proceeds to pay for higher state pensions for the poor starting in 2021. It expects revenues of about €1.5 billion a year from the tax.

Germans have more words for taxation than Eskimos have for snow.

This Just In: Poor People Have It Tougher Than Those Who Aren’t Poor

Poverty, unemployment and poor education in Germany lead to tougher lives and shorter life spans.

Arbeit

Wow. Who would have thought that? I’m sure thankful that researchers up at the Max Planck Institute in Rostock were able to finally make this major scientific breakthrough. The tons of German taxpayer money that went into this study were certainly well spent. Now maybe something will finally be done to stop poverty here. Apparently no one has been doing anything about it up until now. Thumbs up to you, researchers!

In a related story (see the link at the bottom of the same article), it has also been determined that the older the human body gets the more it weakens and – now get this – that this decline is inevitable.

Armut, Arbeitslosigkeit und schlechte Bildung gehen in Deutschland mit einer deutlich verkürzten Lebenserwartung einher.

How Will Germany Pay?

Like, duh. The same way Germany pays for its Syrian migrants (three out of four live off the German welfare system). The captive taxpayer audience will pay. Always has, always will. Gladly, even.

Climate

How Will Germany Pay For Its €50bn Climate Plan? After months of intense negotiations between the governing parties in Berlin, Germany on Friday announced a €50 billion package of measures designed to help the country meet its 2030 emissions reduction goals.

Just so you know: Citizens in ridiculously expensive Switzerland already pay half of what the Germans pay for their energy now. And in France, the people take to the streets to protest rising energy costs (gilets jaunes). In Germany, the people take to the streets to protest the latest planned energy price increases not being high enough. German voters want this, in other words. It’s psycho here, folks. I keep telling myself “it’s only a movie, it’s only a movie…” but, sadly, I know it’s real life. As real life as German reality can get.

Strompreise steigen auf Rekordhöhe – auch Gas ist teurer.

German Of The Day: Abzocke

That means rip-off.

Abzocke

You know, like the way the German government uses any opportunity it can to rip-off taxpayers (nobody pays more taxes than Germans do)? The latest Abzocke planned is to double the air travel tax in order to fight climate change. And it will definitely not be the last Abzocke to use fighting climate change as an excuse. It’s a brilliant Masche (scam). I mean, when hasn’t the climate changed? They can keep on introducing rip-off tax tricks forever.

Germany’s ruling conservatives have proposed doubling taxes on domestic flights, as part of a wider package to cut CO2 emissions.

The decision was taken by the leadership of the Christian Democrats (CDU), who form a coalition with the Christian Social Union (CSU) and the Social Democrats (SPD).

“We will invest, together with the aviation industry, to make electric-powered flight standard for short-haul flights and to create synthetic fuel to achieve climate-neutrality on medium- and long-haul flights,”

Inexpensive Meat?

We’ll fix that for you real quick. For your own good, of course.

Meat

Germany: ‘Meat tax’ on the table to protect the climate – meat is relatively cheap for consumers in Germany. But that could all be about to change as lawmakers from across the political spectrum back proposals aimed at climate protection and animal welfare.

German politicians from the Social Democrats (SPD) and the Greens on Wednesday proposed raising the value added tax (VAT) on meat to the standard rate of 19%. Currently, meat is taxed at a reduced rate of 7% like most foodstuffs.

“A meat tax, such as increasing the VAT to 19%, could be a way forward.”

PS: German Oddity 10. Germans have more words for taxation than Eskimos have for snow.

German Of The Day: Umerziehen

That means re-educate.

Umerziehen

And that’s what the “framing” expert at Germany state TV “Channel One” (ARD) has advised its employees to do. Viewers are in dire need of re-education.

Her secret “framing manual” indicates that the ARD is at war with its critics and private television channels alike, disruptive elements who refer to the ARD as “state TV,” criticize “compulsory fees” (they’re not compulsory, they’re a show of solidarity!) and “question the ARD’s relevance.” Gee, I guess she means me, too.

These disruptive elements don’t understand that the ARD is “guided by moral principles” and its own “moral necessity for social interaction” and not, like them, motivated by profit. The ARD doesn’t have to be motivated by profit, people. All Germans get taxed for this state supported media bias whether they’re viewers or not.

Isn’t that a nice smirk? Big Sister is watching. She wants you all to keep on watching, that is.

Die Arbeit der ARD, so heißt es, sei „von moralischen Prinzipien getragen“, überzeugt von der eigenen „moralischen Notwendigkeit für das gesellschaftliche Miteinander“ – während die „medienkapitalistischen Heuschrecken“ des Privat-TV nur dem Profit dienen würden.

“Germany” To Protect Consumers From Rising Electricity Prices?

The rising electricity prices that “Germany” caused in the first place, you mean?

Consumers

Well, not quite. The “German taxpayer” will have to protect consumers from these rising prices, as usual. It’s a brilliant business plan that only governments like “Germany” can think up. The consumer/taxpayer pays twice, see? It’s not like anybody has to ask them.

Germany is planning to protect consumers and manufacturers from the impact of abandoning cheap coal-fired power, which Berlin is looking to ditch for environmental reasons, according to a government body’s draft paper.

The Coal Commission, which is tasked with organizing the exit from coal, said in a 133-page draft document seen by Reuters that companies and private households should be spared from heavy price increases.

“The necessary funds must be made available by the state to finance the recommended measures.”

Your Tax Euros In Action

You know the drill. These studies are routinely published (in this case by the German Federation of Taxpayers) demonstrating how tax money is burned by the government.

U-Boot

There were some real beauties in this report, too. But my personal favorite is the Case of the Squandered Submarines. The German navy has these six way cool new fuel cell driven submarines that set the German taxpayer back three billion euros. The only problem here is that none of them are currently operational and have spent most of their time dry-docked. Additionally, there are only three submarine commanders available to command these vessels. One of these subs has only been deployed once – in thirteen years. Wow. With a navy like this who needs an enemy?

And I’m sure the next tax increase is already in the works.

Die sechs U-Boote der deutschen Marine mit Brennstoffzellenantrieb gehören zum Modernsten, was die Nato in diesem Bereich zu bieten hat. Drei Milliarden Euro kosteten sie. Das Problem: Laut Schwarzbuch ist keines dieser U-Boote derzeit tatsächlich einsatzbereit.