German Cabinet clears way for temporary sales tax cut
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June 14, 2020 12:03 AM
BERLIN (AP) — Germany’s Cabinet has approved a temporary cut in value-added tax starting next month in a bid to boost consumer demand in Europe’s biggest economy, a centerpiece of the country’s 130 billion-euro ($148 billion) stimulus package. The finance minister made clear Friday that he doesn't foresee a second stimulus program.
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