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Bota

The EU takes the drastic decision to...! Over 130 MPs sign a petition to impose a tax on the wealth of the 'super rich'

The EU takes the drastic decision to...! Over 130 MPs sign a petition to impose

Over 130 EU MPs have started signing a petition to collect signatures on the imposition of a tax for the rich on the wealth of the 'super rich' on an international scale to participate in the "ecological and social transition".

"What we have been able to achieve for the multinationals, we must now do for the rich", wrote French MEP Aurore Lalucq and economist Gabriel Zucman, initiators of the campaign.

The purpose of the petition is "to reduce inequalities and help finance the necessary investments for the ecological and social transition".

Proposal

The landmark agreement on a global minimum tax of 15% on multinational companies is expected to come into effect this year. But the MEP and economist, an expert on tax evasion and taxation of high incomes, went even further in an interview with the French newspaper Le Monde: "Our proposal is simple - they explain: to impose a progressive tax on the super wealth of rich on an international scale to reduce inequality and help finance the investments needed for the ecological and social transition".

1.5% tax on assets of €50 million or more The authors hint at the idea of ??a 1.5% tax on assets of €50 million or more, but say the exact level of the tax should be decided "collectively and democratically" . Therefore, Lalucq and Zucman invite the OECD and the United Nations to start negotiations on the tax and urge the EU to act.

petition

In the article they argue that in 2018 Elon Musk, then the second richest man in the world, "didn't pay a penny in federal taxes" and that in France "the richest 370 families are actually only taxed 2 or about 3 %. The petition was signed mainly by green and left-wing MEPs, a dozen economists and international NGOs, including Oxfam.

 

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