See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Prime Day
James Gunn
Amazon
Social Media
Artificial Intelligence
Natural Disasters
Donald Trump
Novak Djokovic
Floods
Crime
Education
Justice
Published • loading... • Updated

Report: Tax richest 0.5%, raise €213bn for EU coffers

Summary by Ground News
A 1.7-3.5 percent tax on the richest 0.5% of the European population would raise about €213bn a year. The figure would rise to €272.8bn if combined with the fight against tax avoidance by the super-rich in secretive jurisdictions, such as Bermuda or the Cayman Islands. Ireland, Luxembourg, and Germany lose the most tax revenue to those who hide their wealth in tax havens.

1 Articles

All
Left
1
Center
Right
EU ObserverEU Observer
Lean Left

Report: Tax richest 0.5%, raise €213bn for EU coffers

A small tax on the richest 0.5 percent would increase EU tax revenues by €213.2 billion, says a new report by the Greens.

·Brussel, Belgium
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Left
100% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

EU Observer broke the news in Brussel, Belgium on Thursday, September 21, 2023.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

European Union icon

European Union

Taxes icon

Taxes

Europe icon

Europe

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.

News
For You
SearchBlindspotLocal