Tuesday, September 29, 2009

WERTHMANN ALSO LIED ABOUT GERMAN TAXES

The tax rates in Nazi Germany were lower than the tax rates in the United States at the time. From The German Economy in the Twentieth Century by Hans-Joachim Braun, page 114:
Tax increases on income and consumption were comparatively moderate during the Second World War. The top marginal tax rate for yearly incomes of RM 10,000 was 13.7 percent in 1941 compared to 23.7 per cent in Great Britain. Additional war charges were levied on income and corporation taxes from late 1939 onwards as well as additions to indirect taxes (tobacco, alcoholic beverages) in order to keep the German population in reasonably good humour, these surcharges were rather modest, but there were still numerous complaints about them.

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