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DFW

(54,302 posts)
28. Yes, I'm still in Germany
Wed Sep 16, 2020, 09:18 AM
Sep 2020

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 ¼ 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.

While $2 million in retirement isn't exactly "broke", I truly admire giving away 3750x that. moriah Sep 2020 #1
Medical expenses and nursing home care can be extremely expensive wryter2000 Sep 2020 #3
All Relative, Right? ProfessorGAC Sep 2020 #6
Agreed on all counts wryter2000 Sep 2020 #8
I agree, as opposed to some DFW Sep 2020 #14
Won't anyone speak for the billionaires! Hassin Bin Sober Sep 2020 #20
What, all 540 of them? DFW Sep 2020 #23
You dont have to look far; Post #15. Posted right after yours! oldsoftie Sep 2020 #26
Yes, I'm still in Germany DFW Sep 2020 #28
You should make this an OP. SO many folks here just dont get reality & need to hear it. oldsoftie Sep 2020 #30
Wow. Breaking out the "taxation is NAZIism" and invoking crimes against Jewish people. Hassin Bin Sober Sep 2020 #31
No, Enteignung and full confiscation were Nazi tactics. DFW Sep 2020 #32
He did what I would do. Set aside an amount of money to get one through Blue_true Sep 2020 #22
What a loser! What did he get out of it? Miigwech Sep 2020 #2
Todays winner!! oldsoftie Sep 2020 #27
ThanksChuck. And Mrs Feeney. LakeArenal Sep 2020 #4
There's a great YouTube video of him bucolic_frolic Sep 2020 #5
What a perfect goal to strive for. yonder Sep 2020 #7
So would this guy be a "loser" or a "sucker?" dchill Sep 2020 #9
Depends on which Trump answered you... Moostache Sep 2020 #12
Actually, I have the same goal. Mr.Bill Sep 2020 #10
Kinda restores one's faith, doesn't it! calimary Sep 2020 #11
My faith is indeed restored in humanity. But we hear stories of giving on DU all of the time, and SWBTATTReg Sep 2020 #13
Well, it's a start anyway. At least there are some people who aren't greedy bastards. groundloop Sep 2020 #16
It would be better if he'd been taxed on more of it, though. LisaM Sep 2020 #15
I'm sure he paid plenty in taxes - his giving spanned around 4 decades..... groundloop Sep 2020 #17
"some charities may be things we dont want our money to go to". Jeeze. oldsoftie Sep 2020 #25
I'm broker than him and I didn't have to work at it. TeamPooka Sep 2020 #18
This is, IMHO, our true "purpose" in life Pluvious Sep 2020 #19
K&R, uponit7771 Sep 2020 #21
My first serious job Roy Rolling Sep 2020 #24
Thank you, Mr. & Mrs. Feeney! NCjack Sep 2020 #29
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