Tuesday 20 March 2018

Rainer Kiebat: Talk of corporate levies too taxing for average German

Rainer Kiebat
Rainer Kiebat

'You Germans must be jumping up and down about our corporate tax," a colleague quipped last week. Earlier in the week, noises on Ireland and everything that's wrong about taxes over here were made by two SPD politicians (Germany's centre-left Social Democrats) on the exploratory talks on a new coalition in Berlin with Angela Merkel's CDU (Germany's centre-right Christian Democrats).

Carsten Schneider, the SPD budget specialist in the Bundestag, came charging first: "The Irish need to do something about their corporate tax and agree to a financial transaction tax before there can be any hope of more EU money through the ESM for their banks, or a new credit-line."

Listen to that, Paddy!

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