Armstrong Economics Blog/Germany
Re-Posted Oct 7, 2017 by Martin Armstrong
Now that the German elections are finished, Merkel now comes with the tax hikes. This shows the contempt for the people assume that they are just stupid so do nothing before and election, then raise the taxes after. According to a report, Germans should not expect about a 50% tax increase on electricity. As the Bild newspaper reported on that the Federal Association of Energy Consumers will raise the taxes significantly all in the name of causing people to save the planet while government lines its pockets.