Monday, Oct 26, 2009

5% wealth tax

BBC: Rich Germans demand higher taxes

Rich germans suggest a 5% wealth tax for 2 years to raise 91 billion sterling for the government. Their petition has 41 signatories (you have to be one of the rich to sign this petition).

Posted by stillthinking @ 05:35 PM (3368 views)
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5 Comments

1. letthemfall said...

At first sight I thought that perhaps Germans are more public spirited, but then 41 is a small number. Probably find 41 Brits if you looked hard enough. Then again perhaps not. I would add "good fortune" to the list of factors in making a fortune.

Monday, October 26, 2009 08:10PM Report Comment
 

2. paul said...

Porsche asked the Stuttgart government to pay a higher rate of tax in 2006. You might not also know that Bosch is managed as private trust from which any profit is donated or given to local projects or local government.

Germans are a little bit unusal in how they implement their socialism. Unusual, but basically admirable.

Monday, October 26, 2009 11:23PM Report Comment
 

3. Cheekie Charlie said...

"Germans are a little bit unusal in how they implement their socialism. Unusual, but basically admirable."
I hope thats not National socialism!!"

Monday, October 26, 2009 11:49PM Report Comment
 

4. drewster said...

Their trains run on time, they make good cars, they have very affordable houses, even the beer isn't too shabby! If only the language wasn't so schwerverständlich.

Tuesday, October 27, 2009 12:55AM Report Comment
 

5. need-a-crash said...

Didn't Clare Short MP say that "people like her should pay more tax". Well now we've had the expenses scandal and therefore know that an MP's "salary" is actually just PIN money, I'm sure she could easily pay more tax!

As for these guys... loads of city bankers & lawyers I know were happy to vote Labour in 2001 and 2005 and pay the inevitably higher taxes because they were making so much money from the economic bubble, they could afford to have a "social conscience".

Tuesday, October 27, 2009 12:26PM Report Comment
 

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