Friday, October 23, 2009

Soak the Rich?

. Friday, October 23, 2009

So some rich Germans want to pay more taxes:

The group say they have more money than they need, and the extra revenue could fund economic and social programmes to aid Germany's economic recovery.

Germany could raise 100bn euros (£91bn) if the richest people paid a 5% wealth tax for two years, they say.

The petition has 44 signatories so far, and will be presented to newly re-elected Chancellor Angela Merkel.


44 signatories isn't very many, true, but the group held a public gathering to show support and garner publicity:

The group held a demonstration in Berlin on Wednesday to draw attention to their plans, throwing fake banknotes into the air.

Mr Vollmer said it was "really strange that so few people came".


Maybe Western Europeans aren't so different from Americans after all.

(ht: IR Blog)

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