In Germany Too, The Wealthy Say, “Tax Us More!”
5:04 pm, August 31st | by Hillary Reinsberg
Tax us more! It’s the cry now heard ’round the world. In the aftermath of Warren Buffett’s New York Times op-ed explaining his desire to be taxed more, a cadre of international copycats has emerged. Last week it was France, and now it’s the Germans too.
Seriously, is there anyone who doesn’t want to be more like Warren Buffett?
Actually, says Germany’s The Local, a group of more than 50 rich Germans have been saying they should be taxed more for quite a while… so the Oracle is the copycat? The group aptly calls itself The Wealthy For A Wealth Tax. If that doesn’t spell it out, we don’t know what will.
In Germany, some critics say the wealthy group merely wants a pat on the back and possibly special attention from the government, while others argue that higher taxes could actually discourage people from working. For a country still in theory recovering from Communism, we suppose this fear isn’t surprising.