The Democratic Party is toying with a wealth tax in Europe
All about the European wealth tax, the Left's proposal to the European Chamber that divides the Democratic Party. Extract from an article from Eunews
The tax on the rich divides the Democratic Party delegation in Brussels. A tax that will not be implemented, but which was proposed by the Left group in the European Parliament in the amending proposal to the multiannual budget of the Union, voted today by the hemicycle gathered in Strasbourg.
THE PROPOSAL OF THE EUROPEAN LEFT
The president of the Left, Manon Aubry, called on behalf of the group to “introduce a European wealth tax, which could generate over 200 billion euros for the EU's own resources”. The text of the amendment recalls that "over a third of European citizens regularly limit the amount of food they consume" and that "the wealth of the richest in the world, equal to 0.5 percent of the population, has increased by 35 percent hundred in the last 10 years."
THE FAILURE
Proposal returned to sender: supported by 132 MEPs – the Left, the Greens and a part of the Socialists and Democrats -, it was rejected by a large majority of 469 members present in the chamber. Among those 31 S&Ds who supported the idea of a European tax on wealth, there were also Pietro Bartolo, Camilla Laureti, Giuliano Pisapia, Massimiliano Smeriglio and the head of the PD delegation in the European Parliament, Brando Benifei. A vote in line with the positions of the dem secretary, Elly Schlein , who, although without mentioning the delicate issue of assets, this summer supported the need to recover resources by intervening on capital income and annuities.
WHO ARE THE NON-SCHLEIN-ALIGNED PEOPLE
Most of the delegation was "not aligned", with Paolo De Castro, Elisabetta Gualmini, Alessandra Moretti, Pina Picierno, Daniela Rondinelli, Patrizia Toia, Mercedes Bresso and Franco Roberti who rejected the amendment proposed by the French MEP from La France Insoumise . The voting choice of the 5 "Schleinians" did not go unnoticed: "Other than the modern, moderate and reformist left, here is the response of the Democratic Party and the left to the crisis: more taxes for citizens", the League MEPs declared in a note Matteo Gazzini and Valentino Grant.
(Excerpt from an article by Eunews; here is the full version)
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/imposta-patrimoniale-europea-pd/ on Wed, 04 Oct 2023 07:08:23 +0000.