But it would mainly hit medium-sized companies, he said.
Unsubstantiated claim. Why would putting a tax on wealth of billionaires affect mid-sized companies? And why do we tax income but not wealth? (Eigentum verpflichtet.) And is 26% much for a billionaire if middle class pays 43% and it’s up to 47.5%? And I know the usual tricks of the richest people on earth regularly lead to Jeff Bezos for example paying zero taxes unless it’s a year he sells some shares. Though that’s not Germany. But at least their companies should pay taxes here for their business. And is CDU really unable to think of some way to handle this? I bet it’s as easy as making those statistics.
According to German law a medium sized companies for fills at least two out of the three criteria of having a turn over of 50million+, 25million+ in equity or more then 250 employees on average over a year. It is a common trick, to fool people into thinking that they are middle class or your local restaurant, craftsmen, architects, small stores and so forth.
Any decent wealth tax 100% should hit medium-sized businesses. Owning such a company puts your net worth in the 10s of millions.
Why would putting a tax on wealth of billionaires affect mid-sized companies?
We both know it wouldn’t and he is lying through his teeth here to appear as someone who represents smaller businesses because he knows that’s supposed to be his party’s target voter. These corrupt fuckers make everyone poorer but themselves.
Unsubstantiated claim. Why would putting a tax on wealth of billionaires affect mid-sized companies? And why do we tax income but not wealth? (Eigentum verpflichtet.) And is 26% much for a billionaire if middle class pays 43% and it’s up to 47.5%? And I know the usual tricks of the richest people on earth regularly lead to Jeff Bezos for example paying zero taxes unless it’s a year he sells some shares. Though that’s not Germany. But at least their companies should pay taxes here for their business. And is CDU really unable to think of some way to handle this? I bet it’s as easy as making those statistics.
According to German law a medium sized companies for fills at least two out of the three criteria of having a turn over of 50million+, 25million+ in equity or more then 250 employees on average over a year. It is a common trick, to fool people into thinking that they are middle class or your local restaurant, craftsmen, architects, small stores and so forth.
Any decent wealth tax 100% should hit medium-sized businesses. Owning such a company puts your net worth in the 10s of millions.
We both know it wouldn’t and he is lying through his teeth here to appear as someone who represents smaller businesses because he knows that’s supposed to be his party’s target voter. These corrupt fuckers make everyone poorer but themselves.