r/europe • u/paneuropeanism_ Europe • 13h ago

News Von der Leyen: €300 billion in European savings flown overseas every year, primarily to the US, will be invested in Europe from now on. All 27 EU states agreed to establish the S&I Union, a step toward the full Capital Market Union

https://streamable.com/4h43qk
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u/Kiramisu27 12h ago

For the Dutch people, the Unrealized Capital Gains tax will fuck this up anyway...

2

u/ver_million Earth 5h ago

It's insane how economically leftist the policies of so many parties in Western Europe are.

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u/vortexcortex21 5h ago

And it's gaining even more traction on Germany. "Die Linke" Party in Germany has plans to introduce a 12% wealth tax for people with wealth higher one billion. 5% above 50 million and 1% above a million.

And they are seriously gaining more and more votes.

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u/ver_million Earth 4h ago

I'm not even talking about leftist parties with obviously leftist economic policies here, but liberal parties, centrist parties and centre-right parties that propose similarly economically illiberal laws like unrealized capital gains tax and capital controls.