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(S+) Justice: How the super-rich elude the tax authorities

2022-05-25T04:05:33.280Z

Despite the pandemic and the aftermath of the war, a small group of the super-rich is getting richer and richer. For years, globalization has fostered a system of inequality and tax dumping. How much injustice can society endure?



While millions of average earners groan under the growing tax burden and the rising cost of living, the wealth of the super-rich has been exploding since the turn of the millennium.

The richest one percent of the German population accounts for 35 percent of the country's total wealth.

How much injustice can a society endure when the wealthiest of all people pay significantly lower taxes than average earners?

Are we facing neo-feudalization?

We talk about this in the new episode of SPIEGEL Daily with SPIEGEL author Michael Sauga.

"It's a bit like the Middle Ages, when a few princes and landowners owned practically everything more or less and the great majority of the population practically nothing".

What has to happen so that the imbalance doesn't get even further out of control?

Who will stop the global tax dumping competition?

Sauga says: »That is actually the major political task that follows.

Fixing our tax system so that we can restore greater justice."

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Source: spiegel

All business articles on 2022-05-25

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