German Restaurant VAT Cut Fails to Lower Prices
A German restaurant tax cut failed to lower diner prices as only one percent of surveyed dishes became cheaper. A union study shows prices stayed flat for most meals despite the tax relief.
A €4 billion VAT cut for restaurants in Germany has failed to lower menu prices, with only 1% of dishes becoming cheaper. The permanent tax reduction aimed to support diners and fulfill hospitality industry demands. Critics argue the policy missed its mark as costs remained largely unchanged for consumers.
