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German gov't agrees to largely abolish 'solidarity' tax

BERLIN (AP) — Germany's government has agreed to largely abolish a tax designed to fund the cost of German reunification 30 years ago. Cabinet agreed Wednesday to end the 'solidarity charge' that about 90% of taxpayers, including companies, currently have to pay. From 2021 onward only high-earners will have to pay the tax, which generated almost 19 billion euros ($21 billion) last year.

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