Confiscated Jewish wealth 'helped fund the German war effort'
Jewish wealth confiscated by the Nazis paid for almost a third of the German war effort, a new study has found.
Nearly 120 billion Reich marks – over £12 billion at the time – was plundered from German Jews by laws and looting.
The official study commissioned by the ministry examined the years from 1933 to 1945. Hans-Peter Ullmann, a Cologne history professor, said the tax authorities under the Nazis actively worked to "destroy Jews financially" and to loot wealth in the nations the Germans occupied.
Even Jews who managed to escape from Germany before the Holocaust had to leave part of their wealth behind in the form of an "exit tax". Tax laws discriminated against Jews from 1934 onwards....
Read entire article at Telegraph (UK)
Nearly 120 billion Reich marks – over £12 billion at the time – was plundered from German Jews by laws and looting.
The official study commissioned by the ministry examined the years from 1933 to 1945. Hans-Peter Ullmann, a Cologne history professor, said the tax authorities under the Nazis actively worked to "destroy Jews financially" and to loot wealth in the nations the Germans occupied.
Even Jews who managed to escape from Germany before the Holocaust had to leave part of their wealth behind in the form of an "exit tax". Tax laws discriminated against Jews from 1934 onwards....