Yesterday five members of the current government presented their tax reform proposal to members of the press. Apparently they disregarded from several elements of the tax commission recommendations, under-financing the budget in 2010 with 12 billion DKK, relying on dynamic effects to kick start the economy. On the other hand, they came to the rescue of house owners with high mortgages - at least for the first couple of years - but gradually limiting the interest deductions from 33 to 25 percent over a transitional period towards 2019. And only for families with over 100.000 DKK, and 50.000 DKK for single persons, in interest rates. Politically edible. Economically paradoxical.
skip to main |
skip to sidebar
Read with consideration: Please read this blog in the same way it is intended - i.e. allowing room for its paradoxes, irony, and tongue-in-cheek writing.
Readership Manual
Visitors
About Me
- paradoxical
- My interests are politics, journalism, writing, travelling, and the general state of the world (no less). I am usually in pursuit of the above. The paradoxical way.