Editing German Democratic Republic (1949–1990)

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The GDR had no unemployment. Although people were protected from being fired for not going to work or not working productively, only 0.1% of work time was lost due to unexcused absences.<ref name=":0" />
The GDR had no unemployment. Although people were protected from being fired for not going to work or not working productively, only 0.1% of work time was lost due to unexcused absences.<ref name=":0" />
=== Investment ===
Individual companies controlled smaller investments of up to 5 million marks. The [[State Planning Commission (GDR)|State Planning Commission]] controlled larger investments.<ref name=":052" /><sup>:156</sup>


=== Taxes ===
=== Taxes ===
Income taxes were around 15% but reached 25% for the highest earners. Instead of using tax forms, the state automatically deducted taxes from workers' wages.<ref name=":0" />
Income taxes were around 15% but reached 25% for the highest earners.<ref name=":0" />


Taxation rates for businesses were highly progressive and the most profitable businesses paid 90% of their profit in taxes.<ref name=":0" /> Individuals paid up to 10% of their wages to public insurance that covered healthcare and pensions with a maximum rate of 60 Marks per month for workers.<ref name=":4" />
Taxation rates for businesses were highly progressive and the most profitable businesses paid 90% of their profit in taxes.<ref name=":0" /> Individuals paid up to 10% of their wages to public insurance that covered healthcare and pensions with a maximum rate of 60 Marks per month for workers.<ref name=":4" />
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