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Merkel under pressure to spend Germany’s record budget surplus

Merkel under pressure to spend Germany’s record budget surplus

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5 comments

  1. Grain of salt here,, quoting the Bild multiple times is lowering the value of this article.. it’s the worst “news paper” in Germany.. it’s like quoting Fox News in the US as bases for what you are saying..

  2. Greece wants to know your location.

  3. I wish this was a British problem…

  4. This is the best tl;dr I could make, [original](https://www.theguardian.com/world/2020/jan/14/angela-merkel-under-pressure-spend-germany-record-budget-surplus) reduced by 88%. (I’m a bot)
    *****
    > Angela Merkel's government is coming under increasing pressure to spend some of its record budget surplus on tax cuts and investment in Germany's ageing infrastructure.

    > Despite months of weakening economic growth, the German state had a surplus of €13.5bn of income over expenditure at the end of 2019, thanks to increased tax revenues and a low interest rate.

    > In her almost 15 years in office, no Merkel government has ever reduced the tax bill.

    *****
    [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/eomdjt/merkel_under_pressure_to_spend_germanys_record/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ “Version 2.02, ~458306 tl;drs so far.”) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr “PM’s and comments are monitored, constructive feedback is welcome.”) | *Top* *keywords*: **tax**^#1 **government**^#2 **German**^#3 **economic**^#4 **surplus**^#5

  5. Not a German but I think Germany has to be careful with the slowdown. I think there are some valuable opportunities to use the surplus in a scalpel like way. A marginally lower tax rate on middle and lower incomes as well as investment in protecting economically viable parts of the country from natural deterioration and climate change seem like the best way forward.

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