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A comment on Europe's Ultra-Rich Could Fund a Substantial Part of the EU's Budget. Parent comment

Re:Europe's Ultra-Rich Could Fund a Substantial Part of the ... by JimBlackwood on Tuesday July 28, 2026 @11:59AM (#49085873)
There’s a long way between NW >100 million and making 60K EUR.

Maybe if they taxed NW >100 million, you wouldn’t need a 50% tax on work.

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Re:Europe's Ultra-Rich Could Fund a Substantial Part of the ... by arjie on Tuesday July 28, 2026 @12:02PM (#49085918)
The proposal does not involve reducing existing taxes. It is a technique to pay for increased spending. So the latter sentence seems unlikely.
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Re:Europe's Ultra-Rich Could Fund a Substantial Part of the ... by xienze on Tuesday July 28, 2026 @12:02PM (#49085914)
> Maybe if they taxed NW >100 million, you wouldn’t need a 50% tax on work.

Don't be mistaken, it's an "in addition to" tax, not "instead of", or else it wouldn't be pitched as one of many ways to plug a budget hole.

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Re:Europe's Ultra-Rich Could Fund a Substantial Part of the ... by bigbadfeline on Wednesday July 29, 2026 @03:10PM (#49101692)
Any "addition to tax" should still be a tax.
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