The European Union Tax Observatory, an organization financed by the European Commission based in Paris, has proposed a new tax on the wealthiest that is gaining traction at the community level now that funding must be sought to reindustrialize the continent and increase spending on defense.
The organization proposes a minimum tax of 2% for fortunes exceeding 100 million euros, which would mean a collection for the entire Union of 67 billion.
The proposal is included in a report drafted by the Observatory, at the request of the G20, and it also includes other tax proposals.
Its director, the French economist Gabriel Zucman, said that, globally, studies have shown that a minimum annual tax of 2% on approximately 3,000 people with at least one billion dollars of wealth could raise around 250 billion dollars per year (another of the calculations included in the report).
Last month, the Finance Committee of the French Parliament adopted a legislative proposal to introduce the fixed tax of 2%, at the level of France, on assets with a value greater than 100 million euros.