It is. But the court ruled that the tax is unfair… low on property. Well if we tax no one, every rich person pays the same amount -> 0 so it’s fair now right?

That’s kind of correct. On paper Germany has a wealth tax but it is omitted since 1997. The story is a bit frustrating, surprise. The federal constitution court found in 1995 that property is taxed not enough. So it ruled that the legislative has to reform the tax until end of the year 1996.

The government at the time consisted of conservatives and neo-liberals and guess what, instead of reforming they disabled the tax with the reason: We already tax high incomes with 53% so we should not tax the people more.

Fast forward: still no wealth tax and highest income tax is 45% and many exceptions in inheritance tax. So rich folks getting richer.

Already exists in Germany, not perfect as some loopholes still present.

How do you know that?