Merkel Goes on the Offensive At Home Warns Voters That A Vote for the Competition Will Raise Taxes

Angela Merkel urged Germans on Tuesday to re-elect her “clever” government, saying it would shield their businesses and jobs from tax hikes by the center-left.

The chancellor, whose bid for a third term on Sept. 22 is a close contest despite her popularity, said Peer Steinbrueck would ruin her progress on cutting unemployment and cementing economic recovery if his Social Democrats (SPD) came to power.

“These are all successes of our citizens, employers and entrepreneurs – but also the result of clever political leadership,” 59-year-old Merkel told the Bundestag lower house of parliament in a debate on ‘The Situation in Germany’.

Seizing on the SPD and Greens’ economic ideas as a weapon for the final stage of the campaign, she said higher taxes on top incomes, wealth and inheritance would “put jobs at risk and demotivate the Mittelstand”, referring to the family-owned firms that form the backbone of Europe’s biggest economy.

via CNBC

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