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Varlik VergisiLiterally a "capital tax", the Varlik Vergisi was a one-off wealth tax imposed on wealthier citizens in Turkey in 1942. Although imposed on all wealthy Turks, those who suffered most severely were non-Muslim Jews, Armenians, and Greeks, who controlled much of the economy. During World War II, Turkey remained neutral until February 1945. Officially the tax was designed to raise funds to defend the country in case of invasion by either Germany (which had since invaded Greece), or Russia with its eyes still fixed on the Bosphorus (in Istanbul) and Dardanelles (in Canakkale) straits, however it is argued that the main motivation was to redress the imbalance by reducing the minority populations' control over the economy.
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