taxpayers

As tax revenues are flooding into the Treasury, the German taxpayers’ association (BdSt) has asked the federal government to axe the “stealth” tax increases and to cut spending further. Current estimates show that tax revenues will be substantially higher than previously thought: a record 600 billion euros in 2012 and 700 billion euros in 2017.

The BdSt considers that some 27 billion euros could be saved in the federal budget.

The Coalition for Tax Competition asked members of the US Congress to cut the $100 million taxpayer subsidy to the Organization for Economic Cooperation and Development. Citing the OECD’s record as an opponent of tax competition, the letter released by the coaltion argues that US taxpayers should not be funding an organization which works against their interests by promoting a statist agenda.