merkels allies further defying spd seek corporate tax cuts
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Merkel's allies, further defying SPD, seek corporate tax cuts

Egypt Today, egypt today

Egypt Today, egypt today Merkel's allies, further defying SPD, seek corporate tax cuts

Chancellor Angela Merkel.
Berlin - Egypt Today

Germany's Bavarian conservatives are pressing for corporate tax cuts and abolition of a tax imposed after reunification to help poorer eastern states, which could complicate talks with the Social Democrats (SPD) on forming a new government.

Chancellor Angela Merkel hopes to secure a fourth term in office by persuading the centre-left SPD to extend the "grand coalition" that ruled Germany for the past four years, even though both blocs suffered big losses in September's election.

Exploratory talks are scheduled from January 7 to January 12. The SPD, which initially wanted to stay in opposition, has agreed to explore the possibility in the interest of political stability after Merkel's coalition talks with two smaller parties collapsed in November.

But SPD officials have made no promises. Policy papers prepared by Bavaria's CSU, sister party to Merkel's Christian Democrats, point to difficult negotiations ahead at a time when Merkel and others are calling for quick work to form a stable new government.

 

The CSU, historically more conservative that Merkel's party, will play a key role in the coalition talks. The two conservative parties have presented a more unified front in recent months after prolonged conflict over Merkel's decision in 2015 to welcome over a million migrants to Germany.

In a paper leaked last week, the CSU said it wanted military spending to reach NATO's target of 2 per cent of national output, called for a hardline position on immigration, and rejected closer European integration, charting a collision course with the SPD.

Now, a draft economic policy paper prepared for a CSU party meeting this week, sets up a further conflict over taxes. In the paper, first reported by German magazine Focus, the CSU calls for cuts in corporate tax rates given U.S. tax cuts and similar moves afoot in Britain and France. "If Germany does not act, it will in the near future have one of the highest corporate tax rates in international comparison," the paper said.

SPD parliamentary group leader Andrea Nahles has called for increasing taxes on the wealthy. Her party is pressing for more spending on infrastructure, education, health care and other social priorities.

The CSU paper also called for complete abolition of the so-called solidarity tax, a view not shared by the SPD. Pressure is mounting on Merkel to form a new government three months after the election.

Former finance minister Wolfgang Schaeuble, now president of the lower house of parliament, on Saturday said he could not rule out a minority government if no deal emerged.

Another alternative would be a new election, but political experts say that could result in further gains for the far-right Alternative for Germany (AfD), which parlayed concerns about migration to enter parliament for the first time in September.

Source:Timesofoman

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

merkels allies further defying spd seek corporate tax cuts merkels allies further defying spd seek corporate tax cuts



GMT 10:43 2014 Friday ,14 March

Blast in northwest Pakistan kills 7

GMT 20:30 2017 Friday ,10 February

Valentino Couture,Spring 2017-2018

GMT 19:23 2015 Saturday ,26 December

2 killed, 60 inured as strong earthquake jolts Pakistan

GMT 11:38 2017 Tuesday ,25 April

Saqr presses charges against 10 Lebanese, Syrians

GMT 07:22 2017 Wednesday ,03 May

Trump plays peacemaker, hosting Abbas

GMT 16:36 2017 Saturday ,18 February

Fair to partly cloudy weather for next two days

GMT 11:23 2012 Friday ,10 February

Refugees in Homs unsure of next step

GMT 12:56 2017 Thursday ,23 February

Second explosion in Lahore is tyre blowout

GMT 13:40 2012 Saturday ,18 August

I'm not wearing a veil, you behave!

GMT 11:50 2018 Saturday ,13 January

Ribery strikes as Bayern go 14 points clear

GMT 19:06 2011 Wednesday ,13 April

Impact from BP oil spill remains one year later

GMT 15:49 2018 Sunday ,07 January

Ski jumper Stoch completes Four Hills clean sweep

GMT 07:58 2016 Friday ,20 May

Puts Iranian cinema centre stage

GMT 05:48 2012 Friday ,21 September

Exercise may reduce anxiety

GMT 18:12 2014 Wednesday ,01 January

Cyber shopping fraud on Bahrain radio tomorrow

GMT 11:44 2014 Sunday ,07 December

New Lancôme makeup line

GMT 12:20 2017 Tuesday ,07 March

Fears campaign against constitutional amendments

GMT 08:42 2017 Monday ,04 December

HM King Hamad bin Isacongratulates Thai King

GMT 12:06 2017 Friday ,10 March

Vaccine created to protect Ebola-ravaged chimps

GMT 11:31 2017 Wednesday ,15 March

British unemployment hits 41-year low
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday