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@tintory@lemm.ee to World News@lemmy.worldEnglish • 2 years ago

Germany agrees corporate tax cuts to 'stimulate' economy – DW – 08/29/2023

www.dw.com

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Germany agrees corporate tax cuts to 'stimulate' economy – DW – 08/29/2023

www.dw.com

@tintory@lemm.ee to World News@lemmy.worldEnglish • 2 years ago
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Europe's largest economy has flatlined recently, showing no signs of recovery from a winter recession. The International Monetary Fund has predicted Germany will be the only major advanced economy to shrink in 2023.
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  • Carighan Maconar
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    51•2 years ago

    Sigh. More importantly, they’re not structured in such a way that they only benefit small and at most medium companies, they apply more or less across the board, which automatically makes the giant megacorps the biggest winners as they can pay the people to figure out how to best exploit this.
    If anything, they should have funded tax breaks to small companies on the backs of VW or Vattenfall or Rheinmetall, or ideally their CEOs and stockholders directly. Fleece the ones who do nothing good, nevermind with their money.

    • Pelicanen
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      2•2 years ago

      Vattenfall? Like the swedish state-owned supplier of hydropower? That Vattenfall?

  • @LostMyRedditLogin@lemmy.world
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    42•2 years ago

    Here we go again. Germany is about to get fucked by corporations like the US.

    • KoboldSchadenfroh
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      14•2 years ago

      deleted by creator

  • @Mongostein@lemmy.ca
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    25•2 years ago

    No Germany! You’ve been doing so well!

    • @Son_of_dad@lemmy.world
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      15•2 years ago

      They just like to put out the perception that they’re better, really Germany is a shit show too

      • AlteredStateBlob
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        3•2 years ago

        “Too” as in like the US?

        • @Son_of_dad@lemmy.world
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          1•2 years ago

          No. We don’t ask live in the u.s and the world doesn’t revolve around it

    • @Heastes@lemmy.world
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      8•2 years ago

      We really weren’t.

      • @Mongostein@lemmy.ca
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        2•2 years ago

        “Well” is a relative term 🤷🏻‍♂️

  • Brave Little Hitachi Wand
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    22•2 years ago

    It didn’t work for America, but okay

    • @slaacaa@lemmy.world
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      4•2 years ago

      Wdym? It can trickle down any minute now, you just gotta be patient

  • @Kahlenar@lemmy.world
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    16•2 years ago

    Every corporate tax cut is a duck you too small business.

    • SokathHisEyesOpen
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      10•2 years ago

      And it doesn’t do shit to stimulate the economy. They just buy back all their own stock, hoard their money, and pay people off anyways, while raising their prices. We already saw this whole thing play out multiple times already.

  • @Jumi@lemmy.world
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    9•2 years ago

    Another dump on the pile of shit that this country is becoming

    • KoboldSchadenfroh
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      6•2 years ago

      deleted by creator

  • @profdc9@lemmy.world
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    6•2 years ago

    It looks like Germany is evangelizing the gospel of Supply Side Jesus: https://www.beliefnet.com/news/2003/09/the-gospel-of-supply-side-jesus.aspx

  • @dangblingus@lemmy.world
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    6•2 years ago

    This is coming from Scholz?? The leader of the SPD??? Sounds like someone got paid.

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