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Monday, February 1, 2016

Ten percent of Germany has more than half of the country's wealth

Ten percent of households Germany now has 51.9 percent of the state assets, a figure calculated by the Ministry of Social Affairs and published by the Passauer Neue Presse event.

Ten percent of Germany has more than half of the country's wealth


By contrast, in 1998 the top ten percent of households had 45.1 percent of the wealth.

The poorest 50 percent of households owned 1 percent of the nation's wealth in 2013, whereas in 1998 this figure was significantly higher, at 2.9 percent.

Social ministries, including money, property, businesses and valuables in a matter - which means painting and jewelry are also considered.

Debts and obligations while being subtracted from household wealth.

In response to the development, Die Linke (The Left Party) demanded a new system of taxation.

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