This paper evaluates the temporary VAT reduction introduced by German government over third and fourth quarter of 2020 as most controversial part COVID-19 stimulus package. Critics argue that reductions are ineffective because limited pass-through measures to consumer prices in presence lockdown measures. Advocates emphasize positive effects on durables stress a can at least partly substitute f...

“Just read your paper. Hmm...it reads well, until you try and imagine what it actually will mean in practice.” This response was from someone who understands well the burden of mental trauma this pandemic is causing. His objection to argument for Zero-COVID that seemed endorse “the greatest imposition restricted civil liberties ever seen peacetime”. Indeed, during World War 2 cinemas, theatres,...