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Tag Archives: Wealth Tax
German ‘Wise Men’ push for wealth seizure to fund EMU bail-outs
Two top advisers to German Chancellor Angela Merkel have called for a tax on private wealth and property in eurozone debtor states to force the rich to fund rescue costs, marking a radical new departure for EMU crisis strategy. Professors … Continue reading
Posted in Editorial, Financial
Tagged Eurozone, Germany, Wealth Tax
Comments Off on German ‘Wise Men’ push for wealth seizure to fund EMU bail-outs
Italy’s Property Confiscation Is Next
So now we are seeing what “fair share” really means: confiscation. Eat the “rich” to feed the poor has been a refrain since the 1960’s. Except now the banks are the ones being fed. Merkel is pulling the strings but … Continue reading