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26.04.26 - 15:00
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Ruthless Taxation And The Hyperstate: How Germany Profits From Crisis (ZeroHedge)
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Ruthless Taxation And The Hyperstate: How Germany Profits From Crisis
Submitted by Thomas Kolbe,
The Hormuz crisis offers us a profound insight into the real power structures in Germany. Nothing seems able to convince the Berlin monolith to partially shield its citizens from the consequences at gas stations through tax cuts.
It is now unavoidable that the Iran shock will translate into an inflation driver, working its way through economic value chains into consumer prices. These developments almost force a reduction of the tax burden on households and the middle class. It may sound strange to climate socialists, but wealth is created exclusively in the private sector, and certainly not in the state bureaucracy, which is currently profiting from the price surge at gas stations at the expense of citizens and enjoying a small special economic boost.
In March alone, the Finance Minister collected roughly half a billion euros more at gas stations. That makes him the winner of the crisis.
To dispel ...
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26.04.26 - 15:00
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Downtown Baltimore CRE Crash Signals Deeper Fiscal Crisis Ahead (ZeroHedge)
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Downtown Baltimore CRE Crash Signals Deeper Fiscal Crisis Ahead
A localized commercial real estate crash has been spreading through downtown Baltimore City's office market like cancer, with more than $1 billion in property value erased since 2020. The rapid decline of the commercial tax base in the downtown area is colliding with deep structural crises, including violent crime, a continued population collapse (now at a 100-year low), fiscal mess, and the increasing risk that the unhinged left-wing politicians in City Hall will hike taxes on working poor households to offset the shortfall. What you're seeing in Baltimore is a death spiral: capital leaves, residents follow, the tax burden shifts onto those who stay, and the cycle feeds on itself with no clear bottom in sight.
The Baltimore Sun, now owned by conservative David Smith (who also owns Sinclair Broadcasting), and Democrats in the state have become visibly angered that the paper is not producing left-wing propaganda as leftist Gov. W...
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