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German Minister Seeks Tax Cuts as Economy Contracts

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Germany needs a package of tax cuts and other measures to shore up economic growth in the long term, Economy Minister Peter Altmaier said in an interview published Sunday, days after the country posted its first economic contraction since 2015. Altmaier, a member of Chancellor Angela Merkel’s governing conservatives, said he was focused on cutting high German corporate taxes following tax cuts in the United States, Britain and soon France. “The corporate tax in Germany is now higher...

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