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German chancellor wants tax reform after 2009 bundestag election.
Text of report by independent German news agency ddp
Berlin - Chancellor Angela Merkel (CDU) [Christian Democratic Union] has promised tax relief for the time after the 2009 Bundestag election. "Due to the 'cold progression' [where every raise or promotion automatically puts the wage earner in a higher tax bracket], very high tax rates apply to ever more people with a medium income. We must do something against this unjust development that afflicts the productive members of our society," Merkel told Frankfurter Allgemeine Sonntagszeitung. A uniform standard deduction of 8,000 …
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