this post was submitted on 13 Jul 2023
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Dumb argument for a tax in the EU.
If you earn 45000β¬ or more per year (post-tax) you are in the 1%. (According to this)
That sure is a nice wage, but it's definitely not rich and employees with a degree are not the people we should be taxing even more.
Also this:
So 45000β¬ is ultra-rich?
β¬45,000/yr is in top 1% globally, but not the top 1% for the EU. Either way, the article is discussing a tax on wealth, not income. Even if β¬45,000/yr was in the top 1% income for the EU, someone making that salary is extremely unlikely to have accumulated enough assets to place them in the top 1% for wealth.
Yes 45K is the global Top 1%. But in the quoted parts they are talking about the global 1% and frame them as "ultra-rich". Not just the EUs Top 1%.
the 1% the petition is talking about is global, as well as the ownership claims, and the CO2 pollution claim.
it's worded a bit oddly, but they want to tax the "global 1%", not (just) the "EU 1%".
as you pointed out, there's a pretty big difference between the two.
since the initiatives goals are largely about climate change, which is obviously a global problem in need of global solutions, this framing makes sense. it could have been written a bit clearer...
No. If you own 40.000β¬ per year, you are in the top 1% globally. So, βtaxing the rich 1%β means not only taxing billionaires, but also average incomes in western countries.
Edit: Here you can check how rich you actually are: How rich am I?
Nice Website but its only checks your income. If you have to work for your money your not rich in a western country
What? Of course you are. You are not rich by western standards, but globally you are.
I couldn't find anywhere what they mean by 1%. If it's as you say, and an annual income of β¬4500 is enough to be considered as such, then I think it would be quite excessive.
I am a student and I have nothing, and I am richer than 28% of my country because I don't have debt.
If you earn 45000β¬ a year, which in many countries is just a bit above average, then you are richer than 99% of people in the entire world.