The German government has the following plan to protect its citizens from the worst of the economic downturn.
The main points are listed below.
- Private use of craftsmen allows for a tax bonus of 1200 Euro instead of the current 600 Euro.
- CO2 renovation in public buildings is increased to 3 billion Euro.
- Businesses get improved write-offs for taxes.
- Mid-size companies can benefit from improved credit access
- Roads will be improved to the tune of 2 billion Euro.
- Communities get credit for infrastructure improvements
- Raises are coming in Kindergeld, Kinderfreibetrag and Wohngeld, as well as a reduction in the cost of unemployment insurance.
Impressive.
