European governments struggle to stop rich people from fleeing

Last Updated: January 31, 2025Categories: FinanceBy Views: 25

Share This Story!

When a government falls apart, pay attention to the laws ministers still manage to pass. Germany’s collapsing “traffic-light” coalition was unable to agree on climate policy or a budget, but it flashed green for one change: an exit tax. Since January 1st anyone with over €500,000 ($520,000) in investment funds has had to pay income tax on gains earned in Germany if they wish to extract their money from the country.

Explore more

This article appeared in the Finance & economics section of the print edition under the headline “In search of growth”

From the January 25th 2025 edition

Discover stories from this section and more in the list of contents

Explore the edition

Share This Story!

Leave a comment!

you might also like