Who speaks for Europe’s taxpayers? The politics of tax in the EU’s recovery plan
General Politics
|As lockdowns across EU countries are lifted and exceptional financial support for businesses is wound down, attention is turning to economic stimulus. Germany’s package of tax cuts last week highlighted how consumption taxes can be an important tool for boosting and targeting consumer purchasing power: VAT will be cut from 19% to 16% for most purchases, and from 7% to 5%…