We need taxes for all - also the super-rich.
“Tax the rich” is an official EU petition. The EU Parliament has to deal with it when successful.
7 EU countries must reach the quorum. And in total 1M Votes are needed. Check yours in the chart and share, cross post etc.!
The petition calls for the introduction of a wealth tax on very large fortunes. Sign the petition here
Ideally we should massively share it in communities of the top 5 countries where the threshold wasn’t reach.
So Denmark, Belgium, Italy, Netherlands and Slovenia.
But it’s too late it end in 1.5 weeks.Je viens de poster sur !belgique@jlai.lu, on verra si ça a un effet
Tu peux voir le feed temps réel sur le site.
That’s great!
Any reason that people who have lived in Europe for decades, but weren’t born here, can’t sign this? That’s a fucktonne of people
If they have citizenship in any EU member state they can. Otherwise unfortunately no.
J’ai pas l’impression que ca a beaucoup bougé :/
Lol malta being last is so fitting.
If only the Italian man who went there taught them about class inequality
The petition also needs to go over 1million signatures. So French and Germans signatures help as well.
Already signed!
Hadn’t heard of this yet. I signed it.
+1 from Belgium!
Only people living in Malta are billionaires
I’m not against this initiative per se. But this is just another tax on middle class people and doesn’t tackle the real wealth being hidden in multinationals that don’t pay any tax and hold governments hostage by threat of moving their employment away. They are the problem. They pollute like no other because no one is ever held accountable.
From https://www.tax-the-rich.eu/home#info
What a bad initiative. This would basically guarantee that people in Europe can’t ever retire on a modest income.
1.25 million euros per person on top of your main home doesn’t allow you to retire?
It’s probably not so much you can’t retire, but you can’t retire with an income that you’ll be comfortable on.
A brief look suggests the average pre-tax wage in Belgium is around €3800, or about €45000 per year. Assuming you already own your home, or continue to pay mortgage payments at the same rate as before retirement, your pension needs to roughly match your income to not have a drop in living standards. A €1250000 pension pot will buy an annuity that pays a bit more than that, probably around €55000 a year, but assuming you amassed that in your pension pot you would probably have been on a higher than average salary, so it’s going to be close, and an annuity at that level wont increase with inflation, so your buying power drops over time, just when you’re more likely to need a care home or nursing support.
Belgium has public pensions with a minimum of €1,549 per month (https://www.brusselstimes.com/344282/monthly-pension-in-belgium-to-top-e1500)
You seem to assume that 1.25 millions is supposed to be your only income, but that’s not the case.
A really rough calculation (and I acknowledge I could be somewhat off here) suggests that if you contribute for 40 years, and get around 5% interest per year, you’d need to put in an average of €10,000 per year to reach €1,250,000. Working out average salary progression through a working life is left as an exercise for the interested reader, but assuming you’re putting 10% of your salary into your pension, you’d need to be earning six figures to make that pension pot, so a drop to around €73,000 including the public pension could be hard to manage.
As I said, not so much can’t retire, as can’t retire at the same standard of living, especially as annuity payments wouldn’t increase with inflation.
This just qualifies as ultra-rich - which is not wrong, imho. I don’t know the exact conditions for Belgium but in Germany the taxes would start to show effect at 4,6 million with 2%. If you think about it assets in this magnitude could easily lead to 1000€ daily passive income. Those 2% wont hurt.
But it doesn’t include the home or business assets. So you could have one guy with €1.25 million in stocks who lives off a modest income from dividends and sleeps in an RV and he would be classified as ultra rich.
Another guy could live in a €2 million mansion and be the owner of a €100 million business (but have no other investments) and be classified as NOT ultra rich. See the problem?
Reposting my comment below because it seems people aren’t aware of this
Belgium has public pensions with a minimum of €1,549 per month (https://www.brusselstimes.com/344282/monthly-pension-in-belgium-to-top-e1500)
You seem to assume that 1.25 millions is supposed to be your only income, but that’s not the case.
This is probably why Switzerland is not in the EU. LOL.
This is why they teach Spanish in American high schools /s
Can someone tell me, where I can look up whether I have already signed or not?
Or do they remove duplicates automatically?