7Lun
Highly polarizing and crying at a very high level 😀
With the exception of the capital gains tax, I find the proposals understandable.
Why should crypto be tax-free when shares are not? Both or not at all
3% higher income tax rate for the richest, i.e. those who already have enough (but abolition of the solidarity surcharge), where is the significant difference? And where is the problem?
Why should real estate gains be tax-free?
The wealth tax on assets over €100 million is still missing, as a considerable burden for the people in DE 😀
With the exception of the capital gains tax, I find the proposals understandable.
Why should crypto be tax-free when shares are not? Both or not at all
3% higher income tax rate for the richest, i.e. those who already have enough (but abolition of the solidarity surcharge), where is the significant difference? And where is the problem?
Why should real estate gains be tax-free?
The wealth tax on assets over €100 million is still missing, as a considerable burden for the people in DE 😀
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7Lun
@Schnurze Do you realize that the top tax rate already applies to entry-level salaries? "The richest" is almost the average income.
The top tax rate used to be 3 or 4 times the average income. Today it's about 1.5 times that. I have never in my working life not paid the top tax rate. Can that be right? And how can it be that we, who already pay 45%, are being asked to pay even more in order to finance the SPD's watering can?
A person who is currently at the lower end of the top tax rate can just about make ends meet for a family of four with an apartment in an urban area. In the past, that would have been a single earner, nobody would have worked and you would have ended up financing a house as well. The circumstances have shifted massively, but the politicians are only going to fleece more and more...
Why should real estate gains be tax-free? Hm, let me think, because otherwise I would add the taxes to the sales price and end up making you pay as the buyer? Or maybe because I've invested a massive amount of money with interest to create living space for others?
But so what... I'll just rent it out and add the future sales tax to the rental price
We're not that far apart when it comes to crypto. However, it will probably only work in the long term if it can also be considered as a genuine substitute for cash. That would destroy the government.
I don't understand how people can be of the opinion that it's right to be so restricted by the state in terms of wealth creation (= never being on its back) instead of being supported and then there are also people who think that's good.
Btw: I recommend reading the BverfG's decision on confiscatory taxation.
The top tax rate used to be 3 or 4 times the average income. Today it's about 1.5 times that. I have never in my working life not paid the top tax rate. Can that be right? And how can it be that we, who already pay 45%, are being asked to pay even more in order to finance the SPD's watering can?
A person who is currently at the lower end of the top tax rate can just about make ends meet for a family of four with an apartment in an urban area. In the past, that would have been a single earner, nobody would have worked and you would have ended up financing a house as well. The circumstances have shifted massively, but the politicians are only going to fleece more and more...
Why should real estate gains be tax-free? Hm, let me think, because otherwise I would add the taxes to the sales price and end up making you pay as the buyer? Or maybe because I've invested a massive amount of money with interest to create living space for others?
But so what... I'll just rent it out and add the future sales tax to the rental price
We're not that far apart when it comes to crypto. However, it will probably only work in the long term if it can also be considered as a genuine substitute for cash. That would destroy the government.
I don't understand how people can be of the opinion that it's right to be so restricted by the state in terms of wealth creation (= never being on its back) instead of being supported and then there are also people who think that's good.
Btw: I recommend reading the BverfG's decision on confiscatory taxation.
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@lawinvest As you know, you only pay the top marginal rate of 42%, which is now to be increased by 3%, on taxable income of around €66,000 (2024, single person). Including the tax-free allowance of €12,000, that is €78,000. So the tax only increases for every € above this amount. There are also numerous ways to reduce your taxable income. Around 4 million Germans pay the top tax rate (says Google :D). That's about 9% of the working population. So we are already talking about a minority! Of course, I agree with you that they are not necessarily "rich" in the true sense of the word. Nevertheless, they seem to me to be in a privileged position compared to the rest of society!
There are a great many people in Germany who don't reach the top tax rate in their entire lives despite working equally hard. The career starters who manage that can count themselves very lucky :)
Rental/sales prices are based on what the market makes possible. You are not creating new living space to do something good, but to achieve a return. In other words, you try to achieve the highest prices anyway. If there's a tax on top of that, you can't just pass it on, it reduces your return. I agree with you that this is the wrong incentive to combat housing shortages (new construction). With regard to gentrification processes and speculation with existing housing, I think the tax is good :)
I find it regrettable that the gap between rich and poor in our country is widening. Among other things, this seems to be due to systemic flaws that need to be adjusted. This inevitably requires redistribution (I too will just reach the top rate this year and have only been working for 3 years). Despite this burden, the high tax burden, you will not be on the state's back in the future, or are you afraid that this 3% increase will jeopardize your independence?
In the end, it's just greed - more and more money, earlier retirement, a fat house, a big car, the latest cell phone, everything has to be smart, private air travel here and there, endless consumption, etc. - that can be used as a counter-argument here. Some call it freedom, but our consumer society lives at the expense of others, who have to pay the price. We are comparatively well off here, which is why I stick to my guns: complaining at a high level!
Thanks for the recommended reading, which I'll take a look at in a few days 👍
There are a great many people in Germany who don't reach the top tax rate in their entire lives despite working equally hard. The career starters who manage that can count themselves very lucky :)
Rental/sales prices are based on what the market makes possible. You are not creating new living space to do something good, but to achieve a return. In other words, you try to achieve the highest prices anyway. If there's a tax on top of that, you can't just pass it on, it reduces your return. I agree with you that this is the wrong incentive to combat housing shortages (new construction). With regard to gentrification processes and speculation with existing housing, I think the tax is good :)
I find it regrettable that the gap between rich and poor in our country is widening. Among other things, this seems to be due to systemic flaws that need to be adjusted. This inevitably requires redistribution (I too will just reach the top rate this year and have only been working for 3 years). Despite this burden, the high tax burden, you will not be on the state's back in the future, or are you afraid that this 3% increase will jeopardize your independence?
In the end, it's just greed - more and more money, earlier retirement, a fat house, a big car, the latest cell phone, everything has to be smart, private air travel here and there, endless consumption, etc. - that can be used as a counter-argument here. Some call it freedom, but our consumer society lives at the expense of others, who have to pay the price. We are comparatively well off here, which is why I stick to my guns: complaining at a high level!
Thanks for the recommended reading, which I'll take a look at in a few days 👍
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