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mark_and_sweep 11 hours ago

There is still a wealth tax in Germany which is, in fact, enshrined in its constitution. However, the tax has not been collected since 1997 due to legal issues regarding its calculation. Back then, the constitutional court decided that wealth in the form of properties would have to be taxed more. However, instead of adjusting the calculation, politics instead decided to suspend collecting the tax. Ever since, there have been multiple political initiatives aimed at restarting the collection of the tax, none successful so far, despite a large majority of Germans (70+%) being in favor of collecting the wealth tax.

galleywest200 9 hours ago | parent [-]

>Ever since, there have been multiple political initiatives aimed at restarting the collection of the tax, none successful so far, despite a large majority of Germans (70+%) being in favor of collecting the wealth tax.

Gee, I wonder who could possibly be financing voices to oppose a wealth tax at the government level. Maybe we should tax the wealthy to stop them from doing stuff like this.