Germany expects more than a million refugees this year. By 2020, there could even be 5 million people.
The question is: who will have to pay for these expenses?
“Will it be someone from nearly 50 percent of workers who earn less than 1,500 euros per month? Or will it be somebody from 70 percent of retirees who receive less than 1,000 euros a month?” the magazine wonders.
The annual expenditure for 1 million refugees will be around 10 billion euros. If Germany — which is now most affected by the increasing influx of refugees — decides to fund the necessary provisions through taxes, it would have to increase the tax rate by 7% annually.
Moreover, the growing influx of refugees can lead to the spread of extremism. Especially, local residents with low income will not be quite enthusiastic about covering the steadily increasing costs for “unwelcomed” newcomers.
