Austrian heiress giving away $36.6M because the government won't tax her inheritance | CBC Radio
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Since Austria doesn't have an inheritance tax, Marlene Engelhorn says she's asking the people to redistribute her wealth.

Marlene Engelhorn says that when she inherited her grandmother’s multimillion-dollar fortune in 2022, she “wanted to be happy about it.”

“And I couldn’t be,” the Austrian heiress told As It Happens host Nil Köksal. “I was angry instead … because I knew it was really unfair, and there was no reason for me to get this that I could really justify.”

Engelhorn has long campaigned for greater taxes on the wealthy in Austria, including an inheritance tax. But since the government won’t redistribute her wealth for her, she says she’s asking the people do it.

Engelhorn is giving €25 million ($36.5 million Cdn) — which she says is the vast majority of her inheritance — to a committee of Austrian residents tasked with using it to fight wealth inequality.

“I am only wealthy because I was born in a rich family. And I think in a democratic society of the 21st century, birth should not be the one thing that determines whether or not you’re gonna get to lead a very good life,” Engelhorn said.

  • PugJesus@kbin.social
    73·
    10 months ago

    I like how you people that has access to internet and lives in countries that nourishes themself from the rest of the world think of yourself as part of the base of society. When the bells start ringing we are the second in line to be purged.

    Imagine being this brainrotted.