Here's a fascinating look at today's small business news. Germany is ready to implement plans to cut taxes to help stabilize its economy. Germany's Chancellor Angela Merkel and others hope this move will help stimulate the economy all over Europe. Merkel also stated that Germany feels the economic crunch that hit Southern Europe recently.
She went on to say that her country felt it was their responsibility to do everything, including cutting taxes, to help stimulate the domestic economy. They have also set a goal of maintaining the domestic demand for goods imported from other countries in the euro zone.
Last May, Germany's parliament did not approve plans that would have reduced citizens tax burden by as much as 6 billion euros. The opposition thought it would not be in the nation's best interest to do so at a time when they were trying to balance the nation's budget.
For the more conservative minded individual, cutting taxes to stimulate growth just makes sense. One has to admit though, that not everyone agrees. Some folks seem to believe that the only way to stimulate the economy of any nation would be to spend even more money. Someone should tell them to try that with their own budgets.
Small business news brief here: spending more money to grow a business when it is struggling just does not make sense. It is never a good idea to create further cash flow problems. Of course, making wise investments does make sound business sense, but this should never stretch the budget too far.
Jeopardizing one's own country in and attempt to make a point is never the right thing, regardless what country it is. There are times when doing so is just an act of treason if these decisions are made with vengeance against the country in question.
There are some people who would think taxes would never be cut in Europe which has long been thought to be very liberal. Nevertheless, there is something that can be learned from history when people just listen.
Europe has been through some hard economic times in recent years, and some nations have even fallen into disrepair because of it. Others have learned from experience that entitlements gone awry are not in the best interests of the people. With the knowledge gained from Europe's experience, maybe other nations should take a page out of their book.
You remove a people's pride when you teach them to depend of government. When people are not willing to work for what they get, from where will entitlements funds come? Putting a curse on the wealthy, because they understood how to gain riches, tends to cause further decline.
What should nations do if they are in this situation? Yes, hire those leaders who have a higher calling than mere interest in having their own way.
She went on to say that her country felt it was their responsibility to do everything, including cutting taxes, to help stimulate the domestic economy. They have also set a goal of maintaining the domestic demand for goods imported from other countries in the euro zone.
Last May, Germany's parliament did not approve plans that would have reduced citizens tax burden by as much as 6 billion euros. The opposition thought it would not be in the nation's best interest to do so at a time when they were trying to balance the nation's budget.
For the more conservative minded individual, cutting taxes to stimulate growth just makes sense. One has to admit though, that not everyone agrees. Some folks seem to believe that the only way to stimulate the economy of any nation would be to spend even more money. Someone should tell them to try that with their own budgets.
Small business news brief here: spending more money to grow a business when it is struggling just does not make sense. It is never a good idea to create further cash flow problems. Of course, making wise investments does make sound business sense, but this should never stretch the budget too far.
Jeopardizing one's own country in and attempt to make a point is never the right thing, regardless what country it is. There are times when doing so is just an act of treason if these decisions are made with vengeance against the country in question.
There are some people who would think taxes would never be cut in Europe which has long been thought to be very liberal. Nevertheless, there is something that can be learned from history when people just listen.
Europe has been through some hard economic times in recent years, and some nations have even fallen into disrepair because of it. Others have learned from experience that entitlements gone awry are not in the best interests of the people. With the knowledge gained from Europe's experience, maybe other nations should take a page out of their book.
You remove a people's pride when you teach them to depend of government. When people are not willing to work for what they get, from where will entitlements funds come? Putting a curse on the wealthy, because they understood how to gain riches, tends to cause further decline.
What should nations do if they are in this situation? Yes, hire those leaders who have a higher calling than mere interest in having their own way.
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