Germany collected a wealth tax until 1995 when the highest court pointed out that the valuation of real estate property needs overhauling. The then CDU/CSU-FDP

Germany collected a wealth tax until 1995 when the highest court pointed out that the valuation of real estate property needs overhauling. The then CDU/CSU-FDP government decided to nothing about it and the wealth tax hence couldn't be collected but the law is still in place. All it takes is some small repair.