The Saving Advice Forums - A classic personal finance community.

Tax Trouble? Become A Dictator

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Tax Trouble? Become A Dictator

    From money.cnn.com

    <i>Adolf Hitler spent years evading taxes and owed German authorities 405,000 Reichsmarks -- equivalent to $8 million today -- by the time his tax debts were forgiven soon after he took power, a researcher said Friday.

    Klaus-Dieter Dubon, a retired Bavarian notary and tax expert, said he found Hitler's tax records in a Munich archive. They show the Nazi dictator battled tax collectors for eight years before becoming chancellor in 1933.

    Dubon found that Hitler earned 1.232 million Reichsmarks in 1933 from sales of "Mein Kampf" -- his book outlining his doctrine of German racial supremacy and ambitions to annex vast areas of the Soviet Union.

    He should have paid tax on 600,000 Reichsmarks of that income but didn't, the researcher found...

    "It was a huge income when you consider teachers then had annual salaries of 4,800 marks," he said. "As chancellor, Hitler only earned 44,000 Reichsmarks in 1933 but told the tax office he donated that to a charity for widows, which he didn't...<i> <A HREF="http://money.cnn.com/2004/12/17/news/international/hitler_taxes.reut/index.htm">Entire Story Here</A>
Working...
X