A fair share or a fiscal fiasco? EU aims to tackle wealth inequality

France 24Friday, November 28, 2025 at 3:36:56 PM
A fair share or a fiscal fiasco? EU aims to tackle wealth inequality
  • Wealth inequality is increasing globally, with the Eurozone's wealthiest 5 percent controlling 45 percent of net household wealth. Currently, only Norway, Switzerland, and Spain have implemented taxes on individual net wealth, highlighting a significant disparity in wealth distribution across Europe.
  • This situation raises concerns about social equity and economic stability within the EU, as the lack of wealth taxation in most member states may exacerbate existing inequalities and hinder efforts to create a more balanced economic environment.
— via World Pulse Now AI Editorial System

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