tax revenues: As a result, tax revenues have grown at all levels - federal, state and municipal - as have social insurance fund revenues, including those of pension, unemployment and health insurance funds, according to Deutsche Welle. Taken together, the various public institutions took in 20 billion euros more than they spent last year. Despite a flaccid global economy, with recessions plaguing multiple important emerging economies and consequent weakness in aggregate demand, the already enormously productive German economy managed to grow another 1.7 percent year-on-year in 2015. Luck rather than virtue Success has many fathers, while failure is an orphan, as the saying goes. In addition, consumer spending is up: Employees are spending more freely because most aren't in fear of losing their jobs, and they're paying far less for petrol and heating fuel than they did a year ago, leaving more in the household kitty for other things. Germany public revenues are hitting record highs in large part because the country employment rate has also hit a high.
(news.financializer.com). As
reported in the news.
Tagged under tax revenues, health insurance topics.