Germany’s Left Party Wants 100% Tax on Income Over $680,000. Looks like the old East Germans are trying to turn the country back into a steaming pile of crap like the good old days after WW2.
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{ 9 comments… read them below or add one }
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Gotta get the money to bail out Greece, Spain, and France from somewhere.
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The last time Germany was forced to pick up the tab, things did’nt really work out too well.
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Oh crap, please stop giving the Commiecrats here any more ideas. Next it will be tax anybody who works 100 percent.
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http://dougpowers.com/2012/07/26/barack-obama-sr-circa-1965-theoretically-theres-nothing-that-can-stop-government-from-taxing-100-of-income/
Time honored position on the left.
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I would just refuse to accept any raise that would put me over that limit.
No income over the threshold, no 100% tax.
Why would anyone work when they would receive no benefit?
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According to my Lady, these guys are the Ron Paul party of Germany.
So, no chance of this happening.
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I wonder how much productivity would be lost by Germans shutting down once they’ve made $680,000? Far leftists think everyone loves the government as much as they do.
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How about 110% on income over $750K. Now there is a good idea leftys. Better yet, if the govt wants to raise tons of money, how about a 10% tax on bribe money that politicians collect and salt away in foreign bank accounts.
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Start this clip at 2:15, & go to 4:25…
http://www.youtube.com/watch?v=JTBjKCdOV4g
…it’s Johnny Rotten of P.I.L.(Public Image Limited) & the ex frontman of the Sex Pistols talking taxes in America & the UK, & about Benny Hill. This was on Opie & Anthony on Sirius/XM, & I will warn about language.
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