Tuesday, November 22, 2005

Is this a good idea?

One of Merkel's first moves as Chancellor:

In order to fill budget holes, Merkel and her new government also announced a rise in sales tax by three percentage points to 19 percent in 2007.

Wow, 16% is already high and they're going to 19%? Stores on the Missouri side of the state line advertise how much you'll save on sales tax because Missouri is in the mid-to-high 6% range while the Kansas rate is 7% to8%. I wouldn't buy anything more expensive than a pack of gum in Kansas if their tax rate was 19%.

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