Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
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Re: Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
#2Welcome to the United States of Europe.
Re: Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
#3[flagged]
Re: Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
#4[flagged]
We could do both. There is very little sympathy for the ultra wealthy though. I suspect they'll be fine.
Re: Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
#5[dead]
Re: Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
#6[flagged]
Re: Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
#7Re: Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
#8[flagged]
Cutting 90% of 5% of the budget is not a meaningful reduction. DOGE did much less than that, and did far more harm than good.
Re: Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
#9This is a shortcut for taxing unrealized gains.
They start with NW >100 million and start decreasing the concept of Ultra-Rich until everyone non-broke eventually pays it.
In Spain it happened with the Work Tax which from >60k EUR (68k USD) goes to 45% as if earning 3k EUR (3.4k USD) per month made you rich.
Re: Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget
#10[flagged]
Just like startups and businesses want to grow, so too does government bureaucracy. Governments aren't in the business of helping people, they're in the business of employing government officials and furthering their own organizational goals.
Citizens just get crumbs in the form of specific populist slop (this particular article is of the leftist sort) as a bribe of sorts to keep the government in power and the government worker class employed.