Merkel Seeks End to Corporate Tax Havens in Election Fight
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German Chancellor Angela Merkel called for an end to tax loopholes for multinational companies, adopting an election-year theme that complements her efforts to shield taxpayers from the fallout of the financial crisis.
Addressing a rally of her Christian Democratic Union party yesterday near her constituency in northeastern Germany, Merkel took up topics closer to the main opposition Social Democrats by backing fair wages for low-income earners and criticizing “huge speculation” in the U.S. as a trigger of Europe’s debt crisis.