this post was submitted on 13 Jul 2023
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[–] Heringssalat@feddit.de 3 points 1 year ago* (last edited 1 year ago) (3 children)

In reality, however, inequalities have persistently grown, to the point where today the richest 1% of the world's population own almost half of the global wealth and that same 1% also emit more CO2 than the poorest half of the planet.

Dumb argument for a tax in the EU.
If you earn 45000€ or more per year (post-tax) you are in the 1%. (According to this)
That sure is a nice wage, but it's definitely not rich and employees with a degree are not the people we should be taxing even more.

Also this:

The richest 1% of the planet own nearly half of all wealth. These same ultra-rich emit more CO2 than the poorest half of the planet.

So 45000€ is ultra-rich?

[–] Vinegar@kbin.social 18 points 1 year ago* (last edited 1 year ago) (1 children)

If you earn 45000€ or more per year (post-tax) you are in the 1%. (According to this)

€45,000/yr is in top 1% globally, but not the top 1% for the EU. Either way, the article is discussing a tax on wealth, not income. Even if €45,000/yr was in the top 1% income for the EU, someone making that salary is extremely unlikely to have accumulated enough assets to place them in the top 1% for wealth.

[–] Heringssalat@feddit.de 6 points 1 year ago

Yes 45K is the global Top 1%. But in the quoted parts they are talking about the global 1% and frame them as "ultra-rich". Not just the EUs Top 1%.

The richest 1% of the planet own nearly half of all wealth. These same ultra-rich emit more CO2 than the poorest half of the planet.

[–] 9bananas@lemmy.world 5 points 1 year ago (1 children)

the 1% the petition is talking about is global, as well as the ownership claims, and the CO2 pollution claim.

it's worded a bit oddly, but they want to tax the "global 1%", not (just) the "EU 1%".

as you pointed out, there's a pretty big difference between the two.

since the initiatives goals are largely about climate change, which is obviously a global problem in need of global solutions, this framing makes sense. it could have been written a bit clearer...

[–] Version@feddit.de 4 points 1 year ago* (last edited 1 year ago) (1 children)

No. If you own 40.000€ per year, you are in the top 1% globally. So, β€žtaxing the rich 1%β€œ means not only taxing billionaires, but also average incomes in western countries.

Edit: Here you can check how rich you actually are: How rich am I?

[–] BuldgingVampire@feddit.de 1 points 1 year ago (1 children)

Nice Website but its only checks your income. If you have to work for your money your not rich in a western country

[–] Version@feddit.de 1 points 1 year ago

What? Of course you are. You are not rich by western standards, but globally you are.

[–] torres@lemmy.world 2 points 1 year ago (2 children)

I couldn't find anywhere what they mean by 1%. If it's as you say, and an annual income of €4500 is enough to be considered as such, then I think it would be quite excessive.

[–] GataZapata@kbin.social 5 points 1 year ago

I am a student and I have nothing, and I am richer than 28% of my country because I don't have debt.

[–] Heringssalat@feddit.de 0 points 1 year ago

the richest 1% of the world’s population

If you earn 45000€ a year, which in many countries is just a bit above average, then you are richer than 99% of people in the entire world.