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Two Frenchmen persuaded 130 MEPs to demand higher taxes for the “super rich”.

STEFANO RELLANDINI / AFP 130 MEPs demand global tax hikes for the super rich (illustration photo by Bernard Arnault, the richest man in the world, taken January 26, 2023)

STEFANO RELLANDINI / AFP

130 MEPs demand global tax hikes for the super rich (illustration photo by Bernard Arnault, the richest man in the world, taken January 26, 2023)

POLITICS – “Give me back the money”, in polyphony. More than 130 MEPs have signed a petition in favor of introducing a tax on the wealth of the “super-rich” on an international scale to participate in the “environmental and social transition”.

“What we have been able to do for multinational corporations, we must now do for big fortunes,” write the two French Aurors Laluc (a group of socialists and democrats, left) and economist Gabriel Zucman of the initiative of this campaign in a column published in Le Monde.

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“Our proposal is simple: introduce a progressive tax on the wealth of the internationally super-rich to reduce inequalities while participating in financing the investments needed for the environmental and social transition,” explains the MEP and economist. , a recognized expert on tax evasion and the taxation of high incomes.

“A level of inequality that has become unacceptable”

The authors mention the idea of ​​taxing 1.5% of the €50 million inheritance, while arguing that the exact level of tax should be determined “collectively and democratically”.

Aurora Laluc and Gabriel Zucman call on the OECD and the UN to start negotiations on this tax and call on the European Union to act. They claim that in 2018, Elon Musk, then the second richest person in the world, “hadn’t paid a dime in federal taxes” and that in France, “the 370 richest families are actually taxed at only 2 to 3%.”

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However, “the creation of this tax seems to us the only possible way in the face of the level of inequality that has become untenable,” both authors explain, “from a social point of view, inefficient from an economic point of view.” species and environmentally unsustainable. »

To support their remarks, Aurora Laluc and Gabriel Zucman cite the example of a minimum tax of 15% on the profits of multinational corporations, which was followed by almost 140 countries, “when everyone repeated that it was impossible.” Their petition was signed mostly by environmentalist and leftist MEPs, a dozen economists and international NGOs, including Oxfam.

See also HuffPost:

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