German economic adviser proposes tax increase to fund Ukraine ...News

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German economic adviser proposes tax increase to fund Ukraine
Monika Schnitzer’s call for a “Ukraine surcharge” comes as the German government’s approval ratings hit record lows Berlin should tax citizens’ incomes more in order to strengthen military aid to Ukraine as support for the conflict ebbs elsewhere in the West, Monika Schnitzer, who chairs the German Council of Economic Experts (GCEE), told the Rheinische Post on Saturday. A Ukrainian “solidarity surcharge” levied on top of the existing income tax would help meet Kiev’s urgent financial needs, she said, claiming that “special events require special measures.” Acknowledging that the measure was not likely to be popu

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