this post was submitted on 13 Jul 2023
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Wanted: 1m signatures for EU tax on super-rich (euobserver.com)
submitted 1 year ago by CAVOK@lemmy.world to c/europe@feddit.de
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[โ€“] Sigmatics@lemmy.ca 0 points 1 year ago (1 children)

I'll be the one to pop the bubble. All this will do: people will move their assets outside the EU, making tax havens even richer.

[โ€“] GataZapata@kbin.social 1 points 1 year ago

https://www.theguardian.com/inequality/2017/nov/20/if-you-tax-the-rich-they-wont-leave-us-data-contradicts-millionaires-threats

https://inequality.stanford.edu/sites/default/files/media/_media/pdf/pathways/summer_2014/Pathways_Summer_2014_YoungVarner.pdf

No they dont. But they love it when this false Info gets continually parroted.

The EU is one of the biggest and most attractive markets worldwide. Companies will NOT leave it. Not every asset can just be up and moved. Panama Papers and countless other sources also show that anything that CAN be moved is already there.