Merkel Warns Against German Tax Rises as Euro Crisis Not Over
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German Chancellor Angela Merkel said she’s opposed to any tax rise for Europe’s biggest economy as the 17-nation euro bloc remains in crisis.
“If the first thing we do is raise taxes for those who are successful, then it could be they won’t want to create any more jobs,” Merkel said at an election rally of her Christian Democrats in the western city of Osnabrueck yesterday. “Therefore, tax increases are wrong.”