Last night's ARD forum show ('Arena').....was a long discussion, with a politician, and two moderators....with forty-odd people to ask questions.
The jest of this 1-hour show? Mostly a long talk over the public frustration with 'rich-people'.
If you follow German polls over the past decade....it's roughly 80-percent of society who feel that rich Germans are a 'problem'. There's different grumblings, and hurt feelings over this.
The general fix-it solution? I'd say a majority (say over 50-percent) feel you need to tax rich-people more.
I've pondered this a lot, but come to a odd conclusion....if you are going to tax more....I'd like to hear how you intend to distribute the money. To be honest.....you are taking in forty extra billion Euro....trying to pay public workers more, or offer more money to buy statues, or offering free dance classes for people, or building forty new submarines, or making train-travel free.....isn't that smart.
I'm also of the mind that if you taxed folks more....somewhere around age 60....maybe half of this rich-population might go and leave the country....taking their wealth with them (like the way California folks left).
The odd factor? Generally, if you make over 70k Euro a year....in Germany....you are considered 'rich'. That heating technician next door....that makes 80k Euro? Yeah....he's rich. The baker with 8 employees....making 75k Euro a year.....yeah, he's rich. The TV moderator making 105k Euro a year? Yeah, he's rich.
From my American prospective? Generally, I'd say $1-mil a year is the point of being rich. If you were a back-up catcher for the Dodgers....minimum wage for a year is $760k.....which I don't really consider to be ultra-rich.
It's an odd dynamic....you want to get ahead in life, and folks are closely monitoring your appearance of wealth.....so you need to kinda pretend you are marginally making it....while taking in 90k Euro a year....something I'd call welfare-rich.