Income millionaire

from Wikipedia, the free encyclopedia

An income millionaire is a natural person ( taxpayer ) who has earned income or income of one million euros (or another currency) or more in an assessment period (calendar year) . The wealth millionaire is to be distinguished from the income millionaire .

Situation in Germany

According to the Federal Statistical Office, only 9,688 income millionaires were registered in 2004. These had an annual income averaging 2.7 million euros taxed. They make up 0.03% of all taxpayers, but make up 5.2% of all wage and income tax revenue.

The number of income millionaires was just under 12,500 in 2009.

In 2013, according to the Federal Statistical Office, 17,400 people had a total income of over 1 million euros. This was around 2,800 more than in 2010. In 2013, most income millionaires lived in North Rhine-Westphalia (4,264), followed by Bavaria (3,806) and Baden-Württemberg (2,989). The city of Meerbusch in the Rhine district of Neuss has one of the highest rates of income millionaires in Germany with 61 out of 54,318 inhabitants and the community of Schalksmühle in the Märkisches Kreis with 13 per 11,847 inhabitants. Among the large German cities, Düsseldorf has the most income millionaires per inhabitant, namely one for every 1,535 inhabitants (2007).

The number of income millionaires continued to grow to over 21,000 in 2015. This means that the number has more than doubled since 2004 (see above).

As part of the Cum-Ex scandal , mostly income millionaires are said to have evaded hundreds of millions of euros in taxes between 2009 and 2016 .

Situation in Switzerland

In Switzerland , income over 200,000 Swiss francs (CHF) is not recorded separately at the federal level . Occasionally, figures are published at communal or cantonal level . In cantons with low income tax rates, such as B. Zug , foreign millionaires in particular (those without Swiss citizenship ) prefer their place of residence. In 2000, for example, For example, in the municipality of Wollerau in the canton of Schwyz, 29 income millionaires who paid tax on a total of 572 million Swiss francs.

Situation in the United States

The US Census Bureau recorded incomes above 250,000 dollars not separately. In the United States, there may be millions of income earners. a. Manager . This z. T. very high fees are subject to a case of listed companies disclosure requirements by the US Securities and Exchange Commission SEC . The highest salary was paid in 2005 to the CEO of Occidental Petroleum Corporation , Ray R. Irani , at $ 70,217,958.00. 39 corporate executives received salary payments between USD 25 and 50 million. However, this compensation also includes substantial income from the exercise of stock options .

In 2006, Richard D. Fairbank , CEO of the financial group Capital One , topped the list of the highest executive salaries at $ 249,420,000. The supposedly highest salary (and income) in the world was achieved in 2006 by the stock exchange trader John Arnold at 2 billion US dollars. The hedge fund managers John Paulson in 2010 received a salary of 5 billion US dollars.

According to recent data from the Internal Revenue Service , every thousandth US resident has an average income of $ 5.6 million, and every ten thousandth has an average income of $ 25.7 million.

Situation with bank managers

The European Banking Authority announced the following figures for 2012 in November 2013:

  • EU total: 3529 bank manager millionaires (= 11 percent more than in the previous year), of which
    • Great Britain 2,714 income millionaires (= plus 278), of which 2,188 in investment banking;
    • Germany 212 (plus 42; in 2013 there were a total of 17,400 income millionaires in Germany);
    • France 177;
    • Italy 109;
    • Austria 19;
    • Spain 100

See also

Web links

Individual evidence

  1. ↑ taz.de - Tax Revenue in Germany: The Rich Pay Most Taxes, August 27, 2008 , accessed on February 15, 2009
  2. ↑ diw.de - Effective Taxation of Top Incomes in Germany, 1992–2002, February 8, 2008 (PDF; 187 kB), accessed on September 3, 2013
  3. ↑ a b Federal Government: Response of the Federal Government to Small Inquiry - Printed matter 19/13748 . Ed .: German Bundestag. Berlin October 4, 2019 ( bundestag.de [PDF]).
  4. ↑ https://www.destatis.de/DE/PresseService/Presse/Pressemitteilungen/2017/06/PD17_218_736.html
  5. ↑ [1]
  6. ↑ Article T-Online: Millionaire Ranking (link no longer exists: http://www2.service.t-online.de/dyn/c/80/11/21/8011210.html ) queried on December 5, 2007
  7. ↑ Press release on Income Millionaires in NRW 2004 ( Memento of the original from October 31, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF; 59 kB) @1@ 2Template: Webachiv / IABot / www.lds.nrw.de
  8. ↑ Düsseldorf, the city of millionaires , article from March 1, 2012 in the WELT ONLINE portal , accessed on March 2, 2012
  9. ↑ Income millionaires are seldom screened by the tax office. Retrieved March 3, 2020 .
  10. ↑ Weltwoche No. 39, 2003 ( Memento of the original from September 29, 2007 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.weltwoche.ch
  11. ↑ US trade union AFL-CIO Executive Paywatch ( Memento of the original from January 2, 2007 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  @1@ 2Template: Webachiv / IABot / www.aflcio.org
  12. ^ Forbes CEO Compensation 2006
  13. ^ Die Welt, April 11, 2007
  14. ^ Wall Street Journal : Trader Racks Up a Second Epic Gain, January 28, 2011, accessed April 18, 2012
  15. ^ Spiegel Online of March 29, 2007
  16. ↑ [2]