BERLIN (MNI) – German Economics Minister Rainer Bruederle on
Tuesday called for tax cuts in the current legislature, which runs until
autumn 2013, in order to support the current upswing.
“In 2011 it won’t be possible, but 2012, 2013 will be the period
where we have to tackle” tax cuts, Bruederle told German ARD public
television.
“We have to do it … to stabilise the [economic] growth path,
which is very pleasing,” the minister explained, adding that he aimed to
lower income tax rates for medium-sized incomes, but not for the top
income bracket.
–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com
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