Photo Gallery: Taxing Times
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Photo Gallery: Taxing Times

Dumping Election Promises German Government Pulls a Bait-and-Switch on Taxes

Chancellor Angela Merkel's government came into power promising tax cuts. Now, it is proposing a raft of new taxes and is raising paycheck deductions. Reducing the budget deficit is now seen as more important than keeping campaign pledges.
Translated from the German by Christopher Sultan