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Top-level
 It's here: https://www.tax-the-rich.eu/home#proposition, click on "Legilative procedures" "The introduction of a European wealth tax requires three legislative stages: 1 The European Commission is to propose a directive based on Article 115 TFEU, which allows the Council, acting unanimously, to adopt directives to harmonize national legislation, particularly in the field of direct taxation." 1/2 2 comments
3/3 "3 Finally, the revenues from this tax must be allocated to an ecological and social transition, by reinforcing funds such as the RFF and those linked to the Green Deal and cohesion policy. To achieve this, the Commission must amend the basic regulations for these funds, i.e. regulations 2021/1056 and 2021/241, on the basis of cohesion policy (article 175, 3 TFEU). " |
Gregory's Server
@thomasjorgensen
2/3
"2 Secondly, an amendment to Council Decision 2020/2053 (article 311, paragraph 3 TFEU) will have to be proposed, enabling this tax to contribute to the EU's own resources."