PROJECT M
 

Taxation by stealth

As a means of reducing public debt, rock-bottom interest rates and quantitative easing are far less conspicuous than tax increases and spending cuts, but savers are picking up the tab

Andreas Utermann
© Daphne van der Grinten

Taxation by stealth

As a means of reducing public debt, rock-bottom interest rates and quantitative easing are far less conspicuous than tax increases and spending cuts, but savers are picking up the tab

Andreas Utermann

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