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
Europeans don't care. they just want to complain.
P.S signed
i believe they might not know that this is important and will affect folks who earn around 1000€ passively from interests... per day ^^
It's not that I don't care, I just haven't even heard about this until now.
Wealth, shown to scale
is it fair being born with wealth that pays you a daily interest that others work for a whole month?
Please explain how one legitimately earned 10 Million.
10millions is not an insurmountable amount if you are smart enough to get a good job and are smart enough when investing your money.
we are talking accumulated savings not turnover. Either way 10M is well above average lifetime earnings.
It's also way below what you can earn with a single album or game hit. Sportsball players. GRR Martin makes 10m from book sales each year.
No, those aren't average cases but they're also not examples of ill-gotten wealth.
The mobility of these goalposts is too damn high
sounds quiet unusual to be honest
LMFAO "the winners won". Any other tautologies you want to spout? "The losers lost" maybe?
"valuable goods ... benefiting everyone" not on the cost of others is what's lacking here
you missed something when citing me
And the people in the middle? Sure, the people exploited for the production of those goods benefited a lot. The child forced to harvest coffee and chocolate really enjoyed the transaction.
Really? The western companies exploiting them aren't to blame? The western companies that pay off people to look the other way? The western companies that organise military coups? The western companies that murder opposition? The western companies that send their trash to the country to destroy the market there?
You need to stop feeding the trolls.
Hey ho I have a paper for you
...note no skill required. Conversely, hustling won't get you there.
So we don't even have to hit millionaire kids. Inheriting 5-10 million a head is fine, systemically speaking. And if you think that your kids are better off with more money I sincerely feel sorry for you.
The key thing is that this paper looks at generational wealth accumulation. Even if families which consistently churn out stellar business people were in any way common (data says otherwise) that effect is still completely overwritten by already being ahead. As a billionaire kid, the extent of business skill you need to have to not lose everything is to hire people who have business skill and then slurp Caipirinhas on your yacht from your ample, ample dividends. And if you lose everything, well, you're losing it, on aggregate, to other billionaires, so wealth concentration still proceeds.