Mr. Hudson, normally I like your articles. This time you've
overlooked a critical point: the Bush tax cuts mainly apply to
dividend income. Only a small percentage of the population will save
a significant amount of taxes. In Germany taxes on income will
generally be cut, so all people paying income tax ("Einkommensteuer")
will benefit. Schröder could be right about this action, just like he
was right about WMD in Iraq...
overlooked a critical point: the Bush tax cuts mainly apply to
dividend income. Only a small percentage of the population will save
a significant amount of taxes. In Germany taxes on income will
generally be cut, so all people paying income tax ("Einkommensteuer")
will benefit. Schröder could be right about this action, just like he
was right about WMD in Iraq...