Wealthy Europeans Volunteer To Pay Higher Taxes

While American wealth is busy paying politicians to pass legislation to reduce their tax burden and hiring bodyguards to help them protect every last penny they have secreted away in off-shore accounts, European wealth is actively petitioning their governments to insitute a negligable increase in their tax liability to help solve the financial crises.

France and Spain are both considering a wealth tax, the CEO of Ferrari is calling for higher taxes on the welathy, and now a German group is pushing for other wealthy individuals to donate spare cash in their bank accounts to their government in an effort to alleviate the debt crises. They have asked Angela Merkel to "stop the gap between rich and poor getting even bigger".

[Guardian] "None of us are in Buffett's or Bettencourt's league," said the founder of Vermögende für eine Vermögensabgabe (The Wealthy for a Capital Levy), Dieter Lehmkuhl, a retired doctor with assets of €1.5m (£1.3m). "We're a broad church – teachers, doctors, entrepreneurs. Most of our wealth is inherited. But we have more money than we need."

The irony of socialists demanding to help their governement solve the debt crisis cannot be understated.