Econ­o­mists in fa­vor of tax cuts

China Daily (Canada) - - BUSINESS -

A large ma­jor­ity of Ger­man econ­o­mists have spo­ken out in fa­vor of tax cuts for mid­dle-in­come earn­ers. This is the con­clu­sion of the April Econ­o­mists’ Panel, jointly con­ducted by the Ifo In­sti­tute for Eco­nomic Re­search and the Frank­furter All­ge­meine Zeitung, and pub­lished on Tues­day. Around 110 eco­nom­ics pro­fes­sors par­tic­i­pated in the panel and were sur­veyed on their as­sess­ment of in­come tax and po­ten­tial re­form op­tions in Ger­many. The in­come tax bur­den on mid­dle-in­come earn­ers is con­sid­ered “too high” by 60 per­cent of the panel

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