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Spain and Brazil push global action to tax the super-rich and curb inequality

(news.un.org)
131 points Traces | 1 comments | 02 Jul 25 10:03 UTC | HN request time: 0s | source
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v5v3 ◴[02 Jul 25 11:09 UTC] No.44442262[source]▶
If Spain can get support from across the EU. And Brazil the same from BRICS then we could see change.

Best not to hold your breath though...

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graemep ◴[02 Jul 25 11:22 UTC] No.44442363[source]▶
A lot of EU countries have enormous tax breaks for the rich.

There is a consensus that non-dom status (basically rich foreigners, very broadly defined, pay hardly any tax) in the UK needs to go. The main point made by people opposing this is that they can easily move to a number European (mostly EU) countries that have similar schemes and still only be a short flight away from the UK.

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bluecalm ◴[02 Jul 25 11:59 UTC] No.44442668[source]▶
I don't understand why politicians call for taxing assets but fail to tax assets they control in their own country. Why are super rich non-doms a problem in UK? Oh, they own a lot of land and real estate? You can tax it right there.

Or maybe I do understand - it has nothing to do with trying to fix the problem but is just a populist agenda that sounds good and helps with winning elections.

replies(2): >>44442731 #>>44443083 #
1. v5v3 ◴[02 Jul 25 12:07 UTC] No.44442731{3}[source]▶
People in the UK and other countries are heavily taxed at source. And they see it on their monthly wage slip.

And many people don't do a job they love, they do it as they need the money, and are miserable.

The 'look at at that group who are not paying their share and the party in charge is responsible , but we will change it if you vote for us' is one of the easiest plays to get votes and volunteers campaigning for you.