Note that Germany hasn’t reinstated the wealth taxation since more than 30 years and the inheritance tax is designed in a way to protect rich inheritors, so people who inherit hundreds of millions or billions usually pay no or a rather small percentage of inheritance tax, while people who inherit a few millions pay upwards of 30% on it.
Because of the lacking wealth taxation, there is no proper knowledge of how rich the rich in Germany actually are. The 1970s marked the end of the “Wirtschaftswunder” the time of rapid economic growth. Nonetheless since 1980 the real economic output has increased by 230%.
It isn’t a matter of affordability for now that the social security is being attacked. It is a matter of political prioritization to enrich the rich and fight the middle and lower income people. In the longer run we will also see a huge demographic issue as there simply won’t be enough people to keep working in the industries, but more importantly for social security in the healthcare and eldercare.
All of this was and is predictable. It has been matter of “discussion” since more than 30 years. Every government since then chose to remain inactive or work to make things worse. Doesn’t matter if led by the CDU/CSU or SPD and doesn’t matter if the coalition partners were Green or FDP (ultra-neoliberals). They all worked together to bring us here and now they get to reap the reward of neoliberalism in the form of rising fascism.
Vote for us, only we can fix the issues we caused!
Note to international readers: from 1982 onwards, the currently ruling party suggesting this has been in power over 32 years combined. Now, if you didn’t fail elementary math, you might come to a damning conclusion
Note that Germany hasn’t reinstated the wealth taxation since more than 30 years and the inheritance tax is designed in a way to protect rich inheritors, so people who inherit hundreds of millions or billions usually pay no or a rather small percentage of inheritance tax, while people who inherit a few millions pay upwards of 30% on it.
Because of the lacking wealth taxation, there is no proper knowledge of how rich the rich in Germany actually are. The 1970s marked the end of the “Wirtschaftswunder” the time of rapid economic growth. Nonetheless since 1980 the real economic output has increased by 230%.
It isn’t a matter of affordability for now that the social security is being attacked. It is a matter of political prioritization to enrich the rich and fight the middle and lower income people. In the longer run we will also see a huge demographic issue as there simply won’t be enough people to keep working in the industries, but more importantly for social security in the healthcare and eldercare.
All of this was and is predictable. It has been matter of “discussion” since more than 30 years. Every government since then chose to remain inactive or work to make things worse. Doesn’t matter if led by the CDU/CSU or SPD and doesn’t matter if the coalition partners were Green or FDP (ultra-neoliberals). They all worked together to bring us here and now they get to reap the reward of neoliberalism in the form of rising fascism.
Vote for us, only we can fix the issues we caused!
Note to international readers: from 1982 onwards, the currently ruling party suggesting this has been in power over 32 years combined. Now, if you didn’t fail elementary math, you might come to a damning conclusion