Today marks a milestone for Germany. It is the 20Th anniversary of the reunification of East and West Germany; It's now one big country: Angela Merkel's Germany.
Germany instituted a "Solidarity Tax" in 1991 (which is 5.5% for individuals, and higher for corporations), to ensure a smooth transition with its less developed (stagnant) East German contingent.
Court Rules 'Solidarity' Tax Is Unconstitutional
Germany Tax Laws Tax System Germany. - WorldWide-Tax.com
Today also marked another important date for Germany: The end of reparation payments mandated by the Treaty of Versailles following Germany's defeat during World War I.
The reparation paymments were suspended by Hitler, and reinstated when Germany reunified in 1990.
Germany pays last instalment of first World War reparations
World War I reparations
We must remember that the heavy demands placed upon Germany 91 years ago contributed to the destabilization of the German Economy which fomented the rise of Hitler and the Nazi Party. I wonder whether the U.N.'s Millennium Development Goals set to be achieved by 2015, might also overburden industrialized nations such as United States, Canada, and Australia into a similar outcome: The rise of a Social-Nationalist movement that will defend these nation's sovereignty and wealth? Think Globally and act locally? With the threat of Carbon Taxes, and Cap and Trade legislation further aggravating the dismal economic conditions; How much longer will it be before some people decide enough is enough?
Yes, this 20Th Anniversary may also be a harbinger of things to come. Taxorama.
Can you kick a man when he's down? Will they?
Germany instituted a "Solidarity Tax" in 1991 (which is 5.5% for individuals, and higher for corporations), to ensure a smooth transition with its less developed (stagnant) East German contingent.
Court Rules 'Solidarity' Tax Is Unconstitutional
Germany Tax Laws Tax System Germany. - WorldWide-Tax.com
Today also marked another important date for Germany: The end of reparation payments mandated by the Treaty of Versailles following Germany's defeat during World War I.
The reparation paymments were suspended by Hitler, and reinstated when Germany reunified in 1990.
Germany pays last instalment of first World War reparations
World War I reparations
We must remember that the heavy demands placed upon Germany 91 years ago contributed to the destabilization of the German Economy which fomented the rise of Hitler and the Nazi Party. I wonder whether the U.N.'s Millennium Development Goals set to be achieved by 2015, might also overburden industrialized nations such as United States, Canada, and Australia into a similar outcome: The rise of a Social-Nationalist movement that will defend these nation's sovereignty and wealth? Think Globally and act locally? With the threat of Carbon Taxes, and Cap and Trade legislation further aggravating the dismal economic conditions; How much longer will it be before some people decide enough is enough?
Yes, this 20Th Anniversary may also be a harbinger of things to come. Taxorama.
Can you kick a man when he's down? Will they?
Arsenio.
.
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