You make a fair point but we can’t let perfection be the enemy of progress on this though, the stakes are too high… Better to get the movement off the ground and down politicians throats so they take it seriously. The details we can work out as it gets to the point of being taken seriously by European Parliament

Yeah but that’s not including a primary residence or any salary based remuneration. So if you take that into account then it’s entirely reasonable as a starting point. It also states that the calculation would be influenced by cost of living in a given country so places with HCOL would potentially be a larger amount.

Don’t forget as well, it would likely be modeled on progressive taxation therefore any tax of this nature would only apply on anything above the €1.25M proposed figure

The rich can leave if they want. They can’t take their assets with them so we can tax the shit out of their assets while they pack their bags. The whole point of this is redistribution of wealth. This isn’t targeting a doctor or lawyer or some other highly paid individual earning six figures, this is targeting the truly wealthy, People hoarding generational wealth