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.
This post was last modified on January 26, 2021
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.
This post was last modified on January 26, 2021
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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.
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.
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.
According to my Lady, these guys are the Ron Paul party of Germany.
So, no chance of this happening.
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.
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?
Oh crap, please stop giving the Commiecrats here any more ideas. Next it will be tax anybody who works 100 percent.
Gotta get the money to bail out Greece, Spain, and France from somewhere.
The last time Germany was forced to pick up the tab, things did'nt really work out too well.