How’s it go again? The bigger they are, the harder their tax revenues fall? Jeepers. I wonder why tax revenues would be falling in Germany these days. It’s not like businesses are only just beginning to go bankrupt thanks to Germany’s dependency on Russian gas, Green utopian make-believe, skyrocketing energy costs and the resulting crazy inflation. It must be something else.
German tax revenues fall in August for first time this year – Federal and state government tax revenues fell in Europe’s biggest economy during August for the first time this year, the finance ministry said on Thursday.
Otherwise they would have to pay for it themselves.
Energy crisis: Germans call for help from the government – People in Germany are beginning to feel the pinch, in the face of skyrocketing electricity, fuel, and food prices. As inflation rises, concern is mounting — and so is dissatisfaction with the government.
After being responsible for creating the problem in the first place? That just means taking away and burning more of the money of the people you’re doing the “easing” for. All “free” stuff is like that.
Germany’s SPD plans new steps to ease energy price impact, document shows – Germany’s ruling Social Democrats (SPD) will propose further measures to help its citizens cope with rising energy prices, including another discounted national transport ticket, a document seen by Reuters showed on Sunday.
Households are facing higher energy costs after the German gas market operator set a levy from October to help utilities cover the cost of replacing Russian supplies.
With energy prices rising following Russia’s invasion of Ukraine, the government has already introduced two relief packages this year, including a 9 euro ($8.96) transport ticket allowing travel anywhere in Germany that expires on Aug. 31.
We’re from the government and we’re here to help. Again. Resistance is futile. No force in the universe can stop us from helping you so shut up and let us help you already.
Germany’s latest consumer tax (they keep coming in hot and heavy) was meant to help offset soaring gas prices by helping energy companies in need. A questionable enough undertaking already, I’d say. But now it turns out that billions of these tax euros will be flowing to companies that are not only not in need, they’re making record profits.
You won’t be able to pay for your heating this winter as it is? We’ll help out by adding an additional tax to that. Only we won’t call it a tax, of course. We’ll call it an Umlage. That means contribution, share, levy.
It’s what we do here in Green Germany. It’s for the greater good or something.
Germany Slaps Levy on Households to Spread Pain of Gas Surge – Government allows industry to pass on prices to consumers.
Germany’s government said households will face additional annual costs of about 290 euros ($296) to pay for natural gas as the burden of Russia’s squeeze on energy flows to Europe is redistributed.
Is there really such a thing? Someone should inform the Biden administration immediately.
Germany’s federal government has reached the limit of its fiscal capacity, its finance minister said, with extra financing to cope with the coronavirus pandemic, the impact of the war in Ukraine and a climate fund having exhausted government coffers.
“There are no reserves in the 2022 federal budget,” Christian Lindner was quoted by news website t-online as saying on Saturday, Reuters reported.
He warned against granting further financial support before the autumn to citizens to offset the impact of rising inflation. “I advise letting the measures taken so far take effect,” he said.
Thanks for the warning, German central bank, one of the main culprits behind the problem you’re warning about.
Germans are suffering large cuts in real pay, Bundesbank report says – Workers in Germany are experiencing large cuts in their purchasing power as modest pay rises fail to keep up with record-high inflation, the country’s central bank said in a report on Monday.
It’s an age-old dirty trick. The EU, the central banks and the German government itself are pursuing policies that magically generate more tax revenue without openly raising taxes. If prices go up 10%, say, the tax receipts increase 10% too. Inflation also reduces government debt (if they borrowed 1000 but only have to pay back 900 in real terms). But thanks for the warning. That’s very considerate of you.
It’s a crazy new German concept the rest of the world ought to look into, I guess: The ever-expanding state taking on ever-expanding functions it finances by extorting a population ever-willing to pay up.
Ukraine war: How Germany pays for refugees – German leaders recently agreed on a €2 billion package helping states accommodate and integrate Ukrainian refugees fleeing Russia’s war. But money is not the only problem.
“Overall, we have found an acceptable compromise on the distribution of financial responsibility.”
Top German Government Official Previews Marijuana Legalization Plan Details – The new coalition government of Germany is unveiling some initial details about its marijuana legalization plan, even if the reform is taking a back seat to efforts to tackle the coronavirus pandemic…
Marijuana will also “be subject to some form of taxation, like other consumer products,” the minister said.
While the lawmakers emphasized that the objective of marijuana legalization is not to boost tax revenue for the country, FDP said in its election manifesto that taxing cannabis like cigarettes could generate €1 billion annually.
It’s brilliant, really. Or diabolical, if you prefer.
First create the current energy crisis by forcing the country to go down the ideological path to unreliable and unaffordable renewable energy, come what may, heavily burdening the German taxpayer, consumer and businessman in the process. Then promise aid to those most negatively affected by this crisis by burdening the German taxpayer, consumer and businessman even further. And still come out of it smelling like a rose. Aid here is just another nice word for taxation.
Germany’s soaring energy prices force government to promise aid – Headline inflation dips slightly, but energy costs still rising at double-digit pace.
Observing Hermann 