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> I saw no indication that Kapitalerträge (interest, dividends, capital gains) are excluded from the income. A trust (Stiftung) owns itself. Its capital gains
by lazyjones 7y ago
> I saw no indication that Kapitalerträge (interest, dividends, capital gains) are excluded from the income.
A trust (Stiftung) owns itself. Its capital gains are not the beneficiaries' capital gains. It may also own the mansion in my example, so good luck taking imputed rents into account.
> Furthermore, university in Germany is basically free and there is government support for poor students (BAföG) [1], so graduate debt is not that much of an issue.
This doesn't change the point that someone who just started a well-paying job and owns nothing but debt is considered "upper class" by this so-called study.
- FabHK 7y agoHe'd be considered top income decile if he is in the top income decile by this study, indeed. The article linked about the study does refer to Oberschicht, but explains that it here refers to the top income decile in the very first paragraph. I wish this discussion could move on from this unfortunate, but minor semantic point to the substance, namely that 5160 EUR/month of net income for a couple take you into the top decile in Germany.
- lazyjones 7y ago> I wish this discussion could move on from this unfortunate, but minor semantic point to the substance It may be a minor semantic point to you, but it's half of what makes the headline a low-effort clickbait as typical for the "Zeit" since it goes against all common sense and why people take offense. The other half is the obvious flaw in the study, also typical for low-quality research that results in such left-populist articles, of asking people sensitive questions about their income (and perhaps wealth) and expecting valid responses. I wish we would move on to debating why this kind of trashy content gets so much attention and why certain people just crave for it to be published.