Bloomberg News

Germany’s Rich Could Pay $138 Billion in Taxes, Rundschau Says

October 15, 2011

Oct. 15 (Bloomberg) -- German millionaires could contribute as much as 100 billion euros ($138 billion) in additional tax revenue to help improve social justice and the country’s budget, Frankfurter Rundschau said, citing an interview with Gert Wagner, chief executive of Berlin’s DIW economic institute.

--Editor: Kim McLaughlin

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net


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