Tassare i ricchi: iniziativa legislativa per i cittadini dell’UE
Per coloro che vivono in Irlanda/nell’Unione Europea e potrebbero essere interessati, ecco un link all’iniziativa legislativa per i cittadini dell’UE che mira a stabilire una tassazione equa per i super ricchi.
La proposta è a metà strada e con il vostro sostegno potremmo creare un’Europa più giusta.
EU Super-wealthy Tax Proposal
byu/Confident_Reporter14 inireland
di Confident_Reporter14
30 commenti
>establish a fair taxation of the super wealthy.
The French wealth tax resulted in a [tax shortfall of about €2.8bn](https://en.wikipedia.org/wiki/Solidarity_tax_on_wealth). I’m sure it’ll be different this time.
The top 10% pay about 70% of all income taxes in Ireland. Clearly more taxes are needed.
>we could make a fairer Europe
Nothing says fair to me like working for years to just about afford an 80s council house and seeing people on welfare get a bigger end of terrace house for free.
Basically you want to steal more money to people. Fuck this initiative
I’m more inclined to side with the eat the rich movement myself
It’s crazy how people who will never be ultra/super rich have problems with taxes like these, it’ll never affect you
“The criteria for defining an “ultra-rich” should vary from one EU country to another, due to the economic, fiscal and social differences between member states. In Belgium, for example, we propose that anyone with 1.25 million euros in assets in addition to their main home and business assets should qualify as “ultra-rich”.”
That’s anyone who has made the effort to save for retirement. Also excluding business assets excludes the actual ultra rich, whose wealth will all be in companies, trading or tax efficient holding companies.
Complete BS.
The latest version of
“Will someone else please pay tax so I dont have to”
Reading his part alone would tell anyone and everyone don’t sign this horses**t
“With this initiative, the European Commission is invited to introduce a European tax on large fortunes. **This tax would constitute a new own resource for the Union**, the revenues of which would make it possible to amplify and perpetuate European policies for environmental and social transition and development cooperation, in co-financing with the Member States. This contribution would be intended for the fight against climate change and the fight against inequalities and would allow for the fairer participation of European citizens in these objectives. “
how about no, the EU dosent have jurisdiction in terms of tax
Ireland’s annual budget works out at 23,000 for every person. The problem is it’s wasted, not that we don’t have enough.
Super rich don’t take salaries. It’s all tied up in business so this won’t effect them anyway. Also, not a fan of the EU setting personal tax rates. They’ve shafted us with corporation tax last year already.
Or actually investigate and break up monopolies and foster more competition.
They should be focused on getting the consumer the best product at the lowest price.
Boot lickers can cry more. Billionaires won’t thank you. You are infinitely closer to being homeless than joining the 0.1%.
Edit: You should probably read the actual proposal before criticising it. Just an idea.
They can start by applying fines according to the income. Also, seize all property and assets obtained illegally. For me this makes the most sense… At least to start with.
Was this released the same day the Draghi report came out? I knew the EU couldn’t handle the amount of practical talk Draghi had in that report.
Yes, more legislation, more taxes, more corruption is the way to go. Anything else is unfair.
Taxing them is an old/tired movement, with a fairly narrow focus, that is potentially impractical to achieve.
The ultimate goal is to _end the power_ of the super wealthy.
To do that we need the means to completely ban their political organizations – we need legislation for an enforceable blacklist of organizations/NGO’s tied to the super-wealthy – to destroy their political power.
We once had a Cato Institute member as the head banking regulator in the Central Bank pre-crisis ffs. Shit like that must be made illegal.
No, expropriating others’ property is not “fairer”.
Hold up, this proposes a “Federal” level tax at the council discretion, that seems like an overreach.
It also vaguely implies that will impact the richest 1% of the world. That’s anyone who earns over 60k EUR a year
I’m all for progressive tax, but this seems more like virtue signalling from the initiators?
I’m up to be further educated by anyone who knows a bit more…
No thanks. Not because I’m against taxing the “super-wealthy” but because income and wealth taxes are and should remain a national competence.
How dare they tax the wealthy. This will get in my way of becoming a billionaire. I’m going to give up my salaried position and go on the dole now. Take that fat cat eu bureaucrats.
What percentage of taxpayers is this targeting?
And what level is considered “excess wealth”
Do it EU! DO IT!!!
And hunt down offshore accounts while you’re at it.
Lots of data needed for that sheet…I’d sign it but it seems ott
No I think wealth taxes are fucking stupid. Just raise capital gains.
I get the feeling this will end up being a tax on the middle class with the money going to bail out the banks after the next manufactured financial crisis. The “ultra-wealthy” are very familiar with tax avoidance schemes.
I’ll pay it if they get rid of the social charge. That thing really annoys me.
Ultra wealthy don’t pay tax anywhere either due to being non-doms or declaring tax havens like Florida or Monaco as their residence. This initiative will do nothing to stop that.
How about when you start working you don’t pay tax on your first €200,000 earned ever? This way it gives mainly young people a massive leg up with regards to building wealth. A lot of that wealth could assist in buying a house or at least easing the burden.
Young people obviously start out on lower wages so it would assist in that regard also.
Maybe we should think more outside the box
Edit for clarification
No offence but this doesn’t seem very well thought out.
A bunch of socialists (see initiators) want to tax the rich and spend the money on vague climate and social justice schemes.
This is really just a tax the rich virtue signal.
I was thinking of signing this until I saw the 1.25 million threshold to consider someone “ultra-rich”.
I would barely consider someone on that wealth edging the term “rich”.
https://www.investopedia.com/financial-edge/1212/average-net-worth-of-the-1.aspx
This article is probably US biased, but shows that the 1% *starts* at over 13 million.
Per usual, people with real wealth will have it stashed in barely legal trusts and whatnot and this would simply become yet another tax on the upper middle class.
Absolutely self-defeating. I don’t know the Irish figures but the top fifty British taxpayers paid £5.7bn in tax last year. Countries should be interested in attracting more of the rich to get their outsized tax receipts, not chasing them away. Unlike the rest of us, these are the people who can afford to go anywhere in the world if they don’t like the tax situation, and they will.
The fundamental maths is not hard to understand. We need more people who contribute more in tax than they end up costing the country over the course of their lives. If there are too many people who end up taking more from the system than they contribute in tax (and this includes minimum-wage workers whose employers are essentially exploiting the government to subsidise the terrible incomes they provide) then we all suffer.
The true disgrace is the low corporation tax rates, supposedly designed to boost Irish jobs, which does nothing of the sort because multinationals like Amazon just domicile themselves here and then issue >3000 work permits for employees outside the EEA/EU to work here in the space of a year.
Let them bring in deemed disposal tax on any assets totalling over say 10 million. Or 50 million. Whatever works. Exclude principle residence and pension savings if you must.
That’ll soften their cough.
Only complete idiots and kids/teenagers still think the issue with the ultra-rich is that they are not taxed enough. That bumping the percentage from X% to X+20% will somehow fix it. The problem is that the very rich people can afford to pay very clever accountants and lawyers to find creative (mostly legal) ways to pay a fraction of whatever is owed.
Increasing or adding new taxes will not and never has solved this issue. If anything it will push them to try even harder to avoid paying. It’s simple math really: if I earn 10 mil/year and you bump my tax from 40% to 60%, what I’m reading is that instead of paying the state 2 more mil per year, I will instead pay some accountants 500k/year to make it so I’ll end up paying like 1mil/year total in tax.
Then the few honest, slightly better off individuals that now also end up in that new tax bracket get shafted.
The solution is to enforce existing laws and pass new laws that specifically target the loopholes used by the ultra rich. Not sledgehammering a tax bump and calling it a day.
tl;dr: stupid idea put forward by populist politicians and parroted by people who have no grasp of even most basic economics. No thanks!