Leading German Union wants to take 10 per cent of assets of the ‘super rich’
Germany faces significant budgetary challenges, including high energy costs, defence spending needs, and the costs of the green transition.
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Wealth consultancy points to exodus of millionaires from Western Europe
High-net-worth individuals have been turning their backs on Western Europe in favour of more attractive destinations.
‘Stop the Rich’: Activists plan march in Brussels’ wealthiest district
A group of activists said they planned to march through one of Brussels' most affluent districts, the Prince d’Orange neighbourhood in Uccle, under the banner:…
France rejects tax hike for ultra-rich; art forger sentenced for duping wealthy
France's Senate rejected a draft law to make the ultra-rich pay at least a 2 per cent tax on their fortunes, as the government sought to cut an alarming deficit.
‘Tax the rich’: French MPs approve billionaire levy
French MPs have approved a leftist-backed amendment to increase tax on billionaires as part of the country’s budget proposal.