Germany's SPD wants to target super rich with wealth tax

BERLIN (Reuters) - Germany's co-governing Social Democrats (SPD) want to introduce a wealth tax for multimillionaires and billionaires and use the extra revenues to boost public investment in infrastructure, one of its interim leaders said on Monday.Thorsten Schaefer-Guembel told reporters that the SPD party executive committee earlier in the day endorsed a working group proposal envisaging a 1% wealth tax on assets such as property, real estate, company shares and cash.For billionaires, a tax..