HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » The Billionaire Who Wante... » Reply #28

Response to oldsoftie (Reply #26)

Wed Sep 16, 2020, 08:18 AM

28. Yes, I'm still in Germany

Well, today, anyway. My work usually takes me to one of the neighboring countries every day, except for Luxembourg, Poland, and the Czech Republic. Spain, too, though I haven't been back down there since June.

Everyone does indeed pay. Here, the max (on paper 42%, but with add-ons it's in reality around 50%) tax kicks in at less than $100,000 of gross income, and there is a 19% value-added-tax on most everything to boot. When people tell you everything is free in Germany, the answer is that NOTHING is free. It is just paid for differently here. There are billionaires here, too, of course, an estimated 114 of the at last count (Germany has a little less than of the population of the USA). I saw an updated figure of 705 for the USA. Since I will never be joining their ranks in this lifetime, it's not a number I check on daily, if you know what I mean.

It would be easy to call for an NSDAP-style "Enteignung" of all of America's wealthy people (stopping with just the Jews is SO last century), but when you consider that even if you go full tilt on Bill Gates and take every cent he has, his estimated net worth of $115.6 billion will net every man, woman and child in the USA, say 340 million people, exactly $340 per person, since 34 is the square root of 1156. One off payment. Not even a dollar a day for a year. If we could wipe out need and misery THAT cheaply, I'll bet even Bill Gates would say, sure, here, take it all.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 32 replies Author Time Post
Sympthsical Sep 15 OP
moriah Sep 15 #1
wryter2000 Sep 15 #3
ProfessorGAC Sep 15 #6
wryter2000 Sep 15 #8
DFW Sep 15 #14
Hassin Bin Sober Sep 15 #20
DFW Sep 16 #23
oldsoftie Sep 16 #26
LineLineLineLineLineLineLineNew Reply Yes, I'm still in Germany
DFW Sep 16 #28
oldsoftie Sep 16 #30
Hassin Bin Sober Sep 16 #31
DFW Sep 16 #32
Blue_true Sep 15 #22
Miigwech Sep 15 #2
oldsoftie Sep 16 #27
LakeArenal Sep 15 #4
bucolic_frolic Sep 15 #5
yonder Sep 15 #7
dchill Sep 15 #9
Moostache Sep 15 #12
Mr.Bill Sep 15 #10
calimary Sep 15 #11
SWBTATTReg Sep 15 #13
groundloop Sep 15 #16
LisaM Sep 15 #15
groundloop Sep 15 #17
oldsoftie Sep 16 #25
TeamPooka Sep 15 #18
Pluvious Sep 15 #19
uponit7771 Sep 15 #21
Roy Rolling Sep 16 #24
NCjack Sep 16 #29
Please login to view edit histories.