The ‘basic inheritance’ is supposed to equalize chances for success in education and facilitate employment, but the reality is more complicated. Half of Germany’s population does not have any savings. A financial push—funded by the taxpayer—is now supposed to bring ‘justice’ to those who have no savings and no inheritance to look forward to. The proposal would mean that €20,000 would be given by the state to anyone turning 18. The total cost for this economic ‘gift’ would amount to €15 billion annually, as estimated by the German Institute for Economic Research (DIW), the think tank of SPD and […]
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