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(S+) Why inheritances cause inequality in Germany

2022-11-24T05:07:49.986Z

An estimated 400 billion euros are inherited in Germany every year. It is accidental prosperity for a few. Inheritance taxes are intended to cushion social inequality. Some heirs find this unfair. How can more fairness be achieved when inheriting and inheritance?



Wolf-Armin Freiherr von Reitzenstein has a problem.

Some would say a luxury problem.

Reitzenstein is a homeowner and would like to bequeath his property to his three children.

But because his house is not an ordinary property, but a villa on a 1,200 square meter property in a posh district of Munich, the inheritance taxes for the children will not be insignificant.

Reitzenstein says: »I know that very few are so lucky.

But that doesn't mean the state has the right to take that away from you."

How much social explosive power is passed on with the inheritance in Germany?

That's what the new episode of SPIEGEL Daily is about.

In search of answers, Daily reporter Regina Steffens met two people who are both heirs, but who could hardly have more different positions on the subject of inheritance tax.

Yannick Haan, author, heir and SPD politician, therefore calls for a "social legacy" and says: "Fewer and fewer people inherit more and more money and many inherit nothing at all.

And to say that I'm privileged and don't want to pay any taxes on it, I don't find that comprehensible."

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Source: spiegel

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