Commentary by Jim Campbell
What a great idea! Could there be a better way to wake up the younger voter than to hit them in their wallets where they can see the effects of socialism up close and personal?
But wait, will everyone pay their “fair share?” In the name of Social Justice those receiving welfare and other government benefits along with government workers must pay the same tax Fräulein Merkle proposes.
It would be wonderful indeed to see them energized again like they were during the Vietnam War.
That’s my story and I’m sticking to it, I’m J.C. and I approve this message.
(Newser) – Germany, too, is facing a huge spike in retirees, and the government is considering a new tax on younger workers to help pay for their pensions and health benefits, reports the Sydney Morning Herald. The measure to be introduced this month is expected to require workers 25 and older to fork over about 1% of their yearly income. (More Below)
“We have to consider the time after 2030 when the baby boomers of the ’50s and ’60s are retired and costing us more in health and care costs,” says legislator Gunter Krings of Angela Merkel’s Christian Democrats party. Germany faces a particular demographic pinch, notes the Telegraph: Its population is steadily declining, but that’s not being offset by immigrants as in other European nations. Meanwhile, about 7 million Germans are expected to age out of the work force by 2025.