Taxes: DIW sees billions in potential revenue from the introduction of a wealth tax.
handelsblatt.com/politik/deutschland/steuern-diw-sieht-milliardenpotenzial-bei-einfuehrung-der-vermoegensteuer/100198091.html
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Wealth Tax Could Yield Billions but Risks Economic HarmA DIW study estimates 147 billion euros yearly revenue, mainly from the top 1%, but warns of investment and relocation risks.
Key FactsFeb 7, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: handelsblatt.com
Summary created with AI assistance · Source: handelsblatt.com
- The DIW study forecasts that reintroducing a wealth tax could generate 147 billion euros annually for the government.
- Nearly exclusively the richest 1% with assets above 2.3 million euros would be liable for this tax.
- High tax rates might discourage investments, trigger residency moves abroad, and increase tax avoidance strategies, reducing revenues.
- A gradual, internationally coordinated implementation is advised to preserve economic stability amid current stagnation.
In the short and medium term, a high wealth tax poses significant burdens on the attractiveness of the location, investments, and the innovative capacity of the economy, especially in light of the current overall economic stagnation and the crisis of the German industrial export model.— Stefan Bach, study author at DIW, in Berlin discussing the risks of a high wealth tax.
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Taxes: DIW sees billions in potential revenue from the introduction of a wealth tax.
handelsblatt.com/politik/deutschland/steuern-diw-sieht-milliardenpotenzial-bei-einfuehrung-der-vermoegensteuer/100198091.html
Will a new wealth tax make Germany fairer?: The Left Party wants to reinstate the wealth tax and has commissioned an economic institute to calculate how much ...
tagesschau.de/inland/innenpolitik/vermoegensteuer-linke-diw-100.html
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A tax on high wealth could generate billions - | but experts warn: Debate material for the World Economic Forum in Davos: Oxfam is worried about the political ...
braunschweiger-zeitung.de/wirtschaft/article411130435/steuer-auf-hohe-vermoegen-wie-viel-geld-das-dem-staat-bringen-kann.html
Wealth tax could bring the state 100 billion euros annually: The DIW has calculated: A wealth tax according to the Left Party's concept could secure annual ...
noz.de/deutschland-welt/politik/artikel/vermoegensteuer-koennte-staat-jaehrlich-100-milliarden-euro-bringen-49866672
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DIW study: Wealth tax could bring in 147 billion euros annually: According to a study, reintroducing a wealth tax in Germany could bring in around 150 billion ...
rp-online.de/wirtschaft/finanzen/diw-studie-vermoegensteuer-koennte-jaehrlich-147-milliarden-euro-bringen_aid-143467851
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"Business as usual" instead of justice: The grand coalition's tax plans: Although the new coalition has created financial leeway through new debt ...
blaetter.de/ausgabe/2025/mai/weiter-so-statt-gerechtigkeit-die-steuerplaene-der-groko
Call for a wealth tax: "Hardly any country taxes labor more heavily and wealth less than Germany," says DIW President
welt.de/politik/deutschland/article6a20e546aa3fa782d1471079/forderung-nach-vermoegensteuer-kaum-ein-land-besteuert-arbeit-staerker-und-vermoegen-geringer-als-deutschland-sagt-diw-praesident.html
Key FactsWealth Tax Proposal Supports 2027 Tax Reform
Jun 8, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: welt.de
Summary created with AI assistance · Source: welt.de
- DIW President Marcel Fratzscher recommends a two percent wealth tax on large fortunes to finance income tax reform.
- This measure could provide the government with about 42 billion euros annually for targeted tax relief.
- The reform aims to reduce taxes on small and middle incomes while boosting economic productivity.
- Current tax policy disproportionately burdens labor over wealth, harming Germany’s economic competitiveness.
A wealth tax of two percent on large fortunes would give the German state roughly 42 billion euros in additional revenue. This would give the government the room to lower taxes on both earned income and for companies, thereby delivering an important economic impulse.— Marcel Fratzscher, President of DIW, told the German Press Agency (dpa).
While many others have to save: The number of millionaires in Germany continues to rise
schwaebische.de/wirtschaft/waehrend-viele-andere-sparen-muessen-zahl-der-millionaere-in-deutschland-steigt-weiter-an-4618337
Key FactsGermany Sees Record Millionaire Growth in 2025
Jun 4, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: schwaebische.de
Summary created with AI assistance · Source: schwaebische.de
- Global millionaire numbers reached 25.3 million in 2025, increasing by nearly 2 million from the previous year.
- Germany’s wealthy individuals expanded by 11.1 percent, totaling approximately 1.78 million high-net-worth persons.
- The asset value of German millionaires climbed 12.7 percent to more than $7.1 trillion, supported by easing inflation.
- Germany ranks third worldwide, following the USA and Japan, with nearly two-thirds of millionaires concentrated in the top four countries.
The number of millionaires is rising sharply — Germany is in third place.— Caption credited to Deutsche Presse-Agentur (dpa); context in the wealth growth article
Wealth tax: DGB calls for higher taxation of the super-rich: The trade union federation is calling for greater participation by the wealthy in the financing of ...
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"Economically smart": President of the German Institute for Economic Research calls for wealth tax
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OpinionWealth tax: There are better ways to tax wealth.: Taxing the rich more heavily? Sounds fair and could generate billions. But a wealth tax is not efficient; real ...
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DIW study on wealth tax backfires on the Left Party: The Left Party commissioned a study from the DIW (German Institute for Economic Research) on their plans for ...
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Merz vs. the left: the battle for the future of Germany's economic policy: While Friedrich Merz focuses on competitiveness at the Munich Security Conference ...
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Left-wing ideas: A wealth tax would generate €1.7 billion for Mecklenburg-Western Pomerania
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What does the wealth tax achieve?: The wealth tax was suspended in 1997. The Left Party would now like to reinstate it and has commissioned the German Institute ...
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Germany: Billions through wealth tax - | DIW study shows potential: More tax fairness in Germany? A new debate about the wealth tax is sparking discussion.
infranken.de/ratgeber/karriere-geld/deutschland-milliarden-durch-vermoegensteuer-diw-studie-zeigt-potenzial-art-6320384
Will a new wealth tax make Germany fairer?: The Left Party wants to reinstate the wealth tax and commissioned an economic institute to calculate how much money ...
tagesschau.de/inland/innenpolitik/vermoegenssteuer-linke-diw-100.html
OpinionLeft Party presents wealth tax concept: High revenues possible: A tax on capital, as proposed by the Left Party, could generate up to 147 billion euros annually ...
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Taxes: “A billionaire tax would be a smart wealth tax”: Tax high wealth without increasing taxes? That sounds like the proverbial squaring of the circle ...
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Taxes for the super-rich: Why the rich only pay half as much tax as the middle class
zeit.de/geld/2024-04/steuern-superreiche-milliardaere-vermoegenssteuer-deutschland-schweiz
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'When will you tax extreme wealth?' the super-rich ask: A group of billionaires and millionaires have called on world leaders at the World Economic Forum to ...
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Wealth previously underestimated: German super-rich own 1.4 trillion euros: Estimates to date assume that the total amount of assets worth billions in Germany is ...
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