The next time someone tells you that "we don't have money for pensions", remember this report about the tax of the elite:

"Wealth inequality is evident worldwide, including in #Europe. As of early 2025, the wealthiest 5% of the population in the eurozone controlled 45% of net household wealth, while the top 10% held 57.4%, according to the European Central Bank (#ECB).

This concentration of wealth keeps the debate over wealth taxes at the centre of discussions in many countries. Most recently, French billionaire Bernard Arnault strongly opposed a proposed 2% levy on citizens with assets over €100 million, calling it “an offensive that is deadly for our economy”.

Over the past three decades, several countries have repealed individual wealth taxes. The number of #OECD members levying such taxes fell from 12 in 1990 to just 4 in 2017. They are European countries: #Austria (1994), #Denmark (1997), #Germany (1997), the #Netherlands (2001), #Finland, #Iceland, and #Luxembourg (all in 2006), and #Sweden (2007)."

https://www.euronews.com/business/2025/09/29/wealth-taxes-in-europe-who-collects-them-and-how-much-do-they-raise
#EatTheRich #classwar #classgap #bourgeoisie