Germany’s wealth tax was suspended in 1997 by then chancellor Helmut Kohl.
Estimates suggest that this suspension has cost the state almost 400 billion euros in lost revenues. This has been compensated for by tax hikes paid for by the majority.
The gap between the rich and the poor in Europe’s largest economy continues to widen.
Watch the documentary on our channel.
#dwdocs documentary #dwdocumentary #dwdocs #superrich #tax
______
We kindly ask viewers to read and stick to the DW netiquette policy on our channel: https://p.dw.com/p/MF1G
Estimates suggest that this suspension has cost the state almost 400 billion euros in lost revenues. This has been compensated for by tax hikes paid for by the majority.
The gap between the rich and the poor in Europe’s largest economy continues to widen.
Watch the documentary on our channel.
#dwdocs documentary #dwdocumentary #dwdocs #superrich #tax
______
We kindly ask viewers to read and stick to the DW netiquette policy on our channel: https://p.dw.com/p/MF1G
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