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Porsche (with Doug DeMuro)

Acquired

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The Oddest Tax Incentive System in West Germany

The maximum amount of taxes for a normal person is around 15-20% of their income./nGermany sets the marginal tax rate at 95% for high-income industrialists./nThe high tax rate may discourage people from earning additional income./nTaxation policy in Germany aims to incentivize capital reinvestment in the industrial base./nThe policy encourages companies like Porsche to invest in production capabilities and research and development./nDespite sounding crazy, the tax policy has been successful.

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