The current public debt in Germany is the reason for many controversial discussions in the German parliament during the last days. Moreover, some politicians show interests to raise taxes again, though the tax rates in the 16 German federal states are already very high. But a discussion about the unreasonable squanderings of billions of Euros earned through taxes every year does not really take place.

The European currency union decided to form a rescue package for Greece in order to prevent it to go bankrupt. These days, Greece will receive about 14.5 billion Euros bail-out loan which is part of a 110 billion rescue package to stabilize the country and the European currency as well. But more and more Germans start to question, if a state like Germany would be at all able to give away loans facing a tremendous national debt deficit.

Not only Greece is in a very unstable constitution, but also Spain and Portugal are struggling: are there more billion-loans to pay by countries like Germany? The public debt of today will not only mean tax increase in future; there will also follow inflation, i. e. an expropriation people´s assets in other words. Therefore, people are starting to find ways how to prevent their money from getting worthless.

Because of the high German national debt and the billion-high rescue packages carried out by ministers from the European Union, the inflation will be even higher during the next years. That is how European citizens will be punished with a tax increase by a European currency union which was never democratically legitimized by German citizens. And they would even have to pay extra-costs caused by inflation.

Politicians do not seem to be able to save taxes in 2010, so the German Bundestag is discussing about tax increase again. This apparently has become the favourite remedy for a lot of problems now; a lowering of public spending has never really come to their mind.