Economic Policy inequality

Is Germany Catching Trump’s Tax Disease?

The op-ed was first published on Project Syndicate on January 26, 2018.

After months of negotiations, another grand coalition government – comprising Chancellor Angela Merkel’s Christian Democratic Union (CDU) and a grudging Social Democratic Party (SPD) – is taking shape in Germany. But the new government seems likely to miss the opportunity afforded by Germany’s strong economic and financial situation to pursue much-needed reforms.

In fact, the fiscal policies that Germany’s emerging government is discussing bear a remarkable resemblance to

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inequality ZEIT ONLINE op-ed column

Equality and Taxes in Germany

This text was also published in German in ZEIT ONLINE on May 26 as part of the op-ed column “Fratzschers Verteilungsfragen“

Going by what political parties say, it would seem that the tax system in Germany is unjust. In the federal election campaign, each is trumping the next: promising tax relief to voters or demanding higher taxes on the wealthy. Last year’s high fiscal surplus of almost 24 billion euros has whetted appetites. In the upcoming months the election campaign … [continue reading]

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Economic Policy Public Finances and Financial Economics ZEIT ONLINE op-ed column

No envy, please!

This text was also published in German in  ZEIT ONLINE on February 3,  as part of the op-ed column “Fratzschers Verteilungsfragen“.

“Time for fairness“ is the motto of the new candidate for Chancellor of the German Social Democrats, Martin Schulz, in his campaign against Angela Merkel. The slogan is bound to strike a chord in a country where 70 percent of the people feel that inequality is too high. But the issue of fairness should not be the one at … [continue reading]

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