A stronger economy, social justice and jobs
#TheFutureIsYours An economy that works for you
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To make super rich people give their fair share in order to provide better climate and social justice.
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Wealth tax is a direct tax and a form of double taxation. Income is already taxed in most member states. You always get less of what you tax and more of what you subsidize. the goal of the EU should not be to reduce personal wealth. Personal wealth that sits still is invested in the economy and creates new technologies that help improve standards of living.
It is a better idea to tax consumption. potentially through an expansion of the VAT system. higher VAT on luxury products "punishes" luxury consumption instead of productive investment that benefits the lower and middle class as much as it does the upper class.
Additionally, I believe it is important to avoid EU taxes if at all possible. let each country decide their own balance between taxation and expenses in a way that best suit it's needs.
It is true, the goal of the EU should not be to reduce personal wealth. Sharing for example 1-5 % of the personal property will not reduce the wealth of multimillionaires.
Higher VAT on luxury consumption/ climate-demaging consumption is a good idea.
Income should be taxed in every memberstate. I think the memberstates should have a partially uniform tax policy, otherwise big companies will always escape into low-tax countries, to share less money. Regarding the expences, individual state decisions are important.
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