Should an annual 2% wealth tax on assets over €10 million be introduced?
Founding phase
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Context
The wealthiest 1% owns more than the bottom 50% combined. Economists like Piketty argue that wealth inequality destabilizes democracies. Opponents see capital flight and bureaucratic costs as risks.
Real-world source
Cortes Generales (Spain) · 12/27/2022
Ley 38/2022 — solidarity tax on large fortunes (1.7–3.5% above €3M) ↗
Nearest real-world instrument — the question goes beyond it.