Spain has introduced wealth taxes targeting the ultra-rich – and, surprisingly, it hasn’t sparked a mass billionaire exodus. Thanks to thoughtful policy design and well-balanced rates, the country has not only retained its wealthy residents but also seen a significant boost in public revenue
Browsing: wealth inequality
A recent survey has unveiled a striking finding: a staggering 80% of Spaniards believe that the judicial system in their country is skewed, favoring politicians and the affluent. This widespread sentiment casts a shadow over the integrity and impartiality of Spain’s courts, sparking important conversations about justice and equality.
In “The Leopard,” Giuseppe Tomasi di Lampedusa deftly critiques the super-rich and their strategies for maintaining power. Through the story of a Sicilian prince, the novel reveals the elite’s manipulation of societal change to safeguard their privileges, offering timeless insights into wealth and class.
French Economy Minister Bruno Le Maire has proposed the introduction of a tax on the wealthy to support the nation’s military expansion efforts. This initiative aims to bolster France’s defense capabilities amid increasing geopolitical tensions in Europe.