Germany won't raise taxes for refugee costs

October 10, 2015 23:42

German Chancellor Angela Merkel's spokesman said Germany will shoulder rising refugee costs without resorting to tax increases, as Finance Minister Wolfgang Schaeuble said European Union coffers may lack the means. "The fact remains that we want neither tax increases in Germany nor the introduction of an EU tax," Steffen Seibert said in an e-mailed statement. The EU has said it will mobilize up to 1 billion euros ($1.1 billion) for 2015-16 to help Turkey cope with Syrian and Iraqi refugees, part of an action plan to step up cooperation in support of refugees and migration management.

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