More taxes for the rich - 2/3 of EU citizens support also taxing large companies
A 2005 Eurobarometer survey found that two-thirds of EU citizens support a tax on the wealthy, while four in five are in favour of taxing large multinational companies. Support varies widely across Europe, and experts say that differences in trust in governments and public institutions help explain the gap.
Participants were asked the question: “What is your opinion on a minimum level of wealth-based tax applied to the richest individuals (the richest 0.001%) in your country?”
On average, 65% across the EU supported such a minimum tax, ranging from 45% in the Czech Republic to 78% in Hungary. Beyond these two countries, support is at least 70% in Bulgaria, Romania, Croatia and Greece, while falling below half that figure in Poland and Denmark.
Among the EU's four largest economies, support levels are similar. Italy leads with 70%, followed by Germany and Spain with 69% each. France, with 65%, matches the EU average.
Overall, support is high in Central and Eastern Europe, although internal differences are striking. Poland and the Czech Republic stand out as clear exceptions, with significantly lower support.
Many wealth taxes were abolished in the Nordic countries due to concerns about efficiency and tax avoidance. Citizens there, he said, generally believe that existing taxes on income and capital gains work effectively and distribute the burden fairly. "As a result, the willingness to reintroduce taxes on net wealth remains limited," he added.
Perceptions of tax fairness are generally highest in Nordic and Western European countries and lowest in Eastern Europe. Experts link this gap to the quality of public services and the way tax systems redistribute wealth.
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