Europe Testing How Much Tax Is Too Much

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Here we go again. The German government said this week it’s going to buy a stolen CD which apparently contains the names of 1,500 Germans with secret bank accounts in Switzerland.

Does it matter that it appears the CD is “hot” property ?

There is a lively debate in Germany, led by some opposition politicians, that dealing in stolen materials lowers the state to the same level as the thieves. But the move appears to be very popular across the country as a whole. Polls on the question have shown majority support for exposing tax cheats regardless of the method used.

Full story: Europe Testing How Much Tax Is Too Much – CNBC