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View Diary: So do you realize what is happening with CEO pay? (98 comments)

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  •  German family-owned industrial firms (1+ / 0-)
    Recommended by:
    elwior

    are favored in German inheritance tax law.

    A German who wants to get rich and have a family that has plenty of money for generations goes into industry.

    It also helps that a German would rather have two million Euros and live in a nice town than ten million Euros and be surrounded by poor Volk.

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