Germany's Left Party wants to halve billionaires' wealth

www.dw.com

cross-posted to:
news@beehaw.org

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Germany's Left Party wants to halve billionaires' wealth

www.dw.com

misk@sopuli.xyz to

Europe@feddit.orgEnglish · 29 days ago

cross-posted to:
news@beehaw.org

Germany's Left Party wants to halve billionaires' wealth – DW – 02/08/2025

www.dw.com

The Left Party says "there shouldn't be any billionaires." With Germany gearing up for an election, the far-left force has launched a new tax plan — though it will most likely never get a chance to implement it.

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29 days ago
They want

the creation of a wealth register

implementation of high wealth tax + inheritance tax

penalize wealth hiding/capital flight via exit tax and binding taxation to citizenship

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