Germany may resort to raising taxes

Someone has to pay for the bankster bailouts! The bailout package for Greece was not for the people, but for the banks.

See also: ECB Buying Up Greek Bonds; German Central Bankers Suspect French Intrigue


France warns on credit rating, Germany on taxes (Reuters):

Berlin’s budget problems are less severe but Finance Minister Wolfgang Schaeuble signaled at the weekend that Germans may have to stomach tax rises as well as spending cuts.

Chancellor Angela Merkel’s government is considering raising value-added tax (VAT) to the full rate of 19 percent on certain items that currently benefit from a lower rate of 7 percent, coalition sources told Reuters on Friday.

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