• RecluseRamble@lemmy.dbzer0.com
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    6 months ago

    They don’t because they don’t have to - they are not very highly taxed (in Germany business profit is taxed at 30%, private capital gains at 26% and salaries by up to 45% - and the rich don’t have salaries).

    Once you start a policy that is exclusively paid for by the actual rich, they’ll either prevent it or find a way to net profit via their contacts in legislation, or they will just change their main residence to one of their vacation homes. Plenty of German rich folks have done so already.