Sunday, February 9, 2014

German Politics

                  "Tax evasion returns to Germans spotlight with politician Schmitz, feminist Schwarzer." This is was the title of one of Germany's news. I was drawn to this new report because taxes or anything that has to do with money are very important in many countries, and not only that but they are huge deal when it comes to politics, and are cared by not only politicians but also just any people. The article basically explains how there has been two "high profile tax evasion" cases. It continues by explaining that one involved a social democrat politician in Berlin and the other one involved the most "influential feminist" in Germany Alice Schwarzer. 
                  It was found that politician Schmitz in 2012 had a swiss bank account, where he had 425,000 euros in which today's rate would be around 575,000, without paying taxes on the interest. Then we have Alice Schwatzer, who admitted having a Swiss account since the 1980's. Schwatzer tried to solve this by paying 200,000 euros in back taxes and interest. With these cases Social Democrats are rejecting German-Swiss deal to put to a stop to tax evasion. 

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