Incoming German Chancellor Friedrich Merz has unveiled a bold economic plan which aims to rescue Germany from its longest postwar slump. The plan includes €46bn in corporate tax breaks and a €1tn public investment program, with a significant tax package to restore private sector confidence, including a gradual drop in federal corporate tax from 15% to 10% by 2032, R&D incentives, and substantial first-year depreciation on business electric vehicle purchases. This major shift in fiscal policy is intended to energize Europe’s largest economy, challenge the "debt brake" mantra of the past, and modernize its industrial competitiveness.
A nation of slackers? Not on Merz's watch. That's the jab Friedrich Merz threw into Germany’s political arena - and he wasn’t joking. As the incoming Chancellor rolls out a bold economic reset, he’s pairing his cultural critique with a whopping €46 billio...
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