• unautrenom@jlai.lu
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    5 months ago

    On the contrary, I feel as though a tax like that can only be done at EU level rather than a national level if it wants to have any efficiancy. The ultra-rich are not bound by the same rules of territoriality as the rest of us, and would have no problem moving to another country in the EU if a local tax displeases them.

    In fact, this has been a key argument put forward by right-wing politicians against high-wealth tax on a national level for quite some time, that they would flee the country the first chance they get. But by registering it at the EU level, the million/billionaires won’t have anywhere to run if they still want to enjoy the benefits of being in the EU :)

    • Iceblade@lemmy.world
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      5 months ago

      It can still be achieved via international agreement, the EU can serve its intended purpose by fostering such an agreement, and then codifying it later.

      My key issue with it is the slow removal of national sovereignty and the movenent of decisionmaking further away from the voter. This is the exact kind of thing that has led to the EU repeatedly trying to force through impopular proposals that infringe on the rights and privacy of citizens such as chat control.

      The EU needs to focus on its roots as a common market and united front for foreign policy, not on becoming an abomination of bureaucracy.

      • calcopiritus@lemmy.world
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        5 months ago

        Taxes are also a market. Billionaires shop for the country that will tax them less.

        An EU-wide tax scheme is acting like a single market.