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Merz Rules Out Tax Increases If Conservatives Win Sunday's Vote

Merz Rules Out Tax Increases If Conservatives Win Sunday's Vote

Bloomberg21-02-2025

German conservative frontrunner Friedrich Merz pledged that a government under his leadership wouldn't raise taxes to fund the hundreds of billions of euros of investment needed in areas like defense and infrastructure, saying it would be 'poison' for Europe's biggest economy.
In one of his final public appearances before Sunday's national ballot, Merz told viewers of ZDF TV's 'Morgenmagazin' breakfast show that if he captures the chancellery as expected, he'd instead focus on cutting spending on social benefits and financial support for refugees.

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