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	<title>Wealth for the Common Good &#187; Germany</title>
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		<title>German wealth for the common good</title>
		<link>http://wealthforcommongood.org/german-wealth-for-the-common-good/</link>
		<comments>http://wealthforcommongood.org/german-wealth-for-the-common-good/#comments</comments>
		<pubDate>Mon, 26 Oct 2009 14:33:28 +0000</pubDate>
		<dc:creator>alison</dc:creator>
				<category><![CDATA[blog]]></category>
		<category><![CDATA[Germany]]></category>
		<category><![CDATA[petition]]></category>
		<category><![CDATA[progressive tax reform]]></category>

		<guid isPermaLink="false">http://wealthforcommongood.org/?p=1087</guid>
		<description><![CDATA[A group of wealthy people is circulating a petition calling for higher taxes for themselves. Sound familiar?
This particular group is based in Germany, and it is asking the government to impose a 5% wealth tax on the 2.2 million people with over 500,000 euros. This has the potential to raise over 100 billion euros for [...]]]></description>
			<content:encoded><![CDATA[<p>A group of wealthy people is circulating a petition calling for higher taxes for themselves. Sound familiar?</p>
<p><a href="http://www.appell-vermoegensabgabe.de/">This particular group is based in Germany</a>, and it is asking the government to impose a 5% wealth tax on the 2.2 million people with over 500,000 euros. This has the potential to raise over 100 billion euros for economic recovery.</p>
<p>Like <a href="http://wealthforcommongood.org/about-us/our-signers/">Wealth for the Common Good signers</a>, these petitioners believe that reinvesting in the common good is a necessary strategy for addressing inequality.</p>
<p>As reported by the <a href="http://news.bbc.co.uk/2/hi/europe/8321967.stm">BBC</a>:</p>
<p><em>&#8220;The path out of the crisis must be paved with massive investment in ecology, education and social justice,&#8221; they say in the petition.</em></p>
<p><em>Those who had &#8220;made a fortune through inheritance, hard work, hard-working, successful entrepreneurship, or investment&#8221; should contribute by paying more to alleviate the crisis.</em></p>
<p>It&#8217;s powerful when those who would pay a tax advocate on its behalf. We wonder, where will the next campaign be?</p>
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