Support for a super-rich tax is growing across Europe

September 3, 20252 min

Fair taxation is becoming an ever-hotter topic in public debate

Europeans are increasingly rallying behind extra taxes on the super-rich — supposedly to fund healthcare, education, and other public services.

Where is support for a wealth tax strongest?

Italy leads the pack: 94% of Italians surveyed back taxing the super-rich to improve the healthcare system.

Spain comes second (91%), followed by France (90%), the UK (89%), and Germany (85%).

What does the Eurobarometer survey say?

80% of EU citizens believe multinational corporations should pay a minimum tax in every country where they operate, and 65% support a special tax on the wealthiest citizens (according to Eurobarometer data).

Support is especially high in Hungary (78%) and in the Balkans — Bulgaria and Croatia (71% each).

Why do these measures strike a chord?

Respondents favor closing tax loopholes so the money can go toward better public services — an idea backed by 94% in Italy, 91% in the UK, 90% in Spain and France, and 86% in Germany.

Which ideas get less support?

Putting the proceeds into renewable energy wins over only 75–88% depending on the country, with up to 18% of German respondents opposed.

Home insulation upgrades fare even worse, with Germans the most skeptical (28% opposed) and 20–22% opposed elsewhere.

Where in Europe do wealth taxes already exist?

So far, only Norway, Spain, and Switzerland have taxes on net wealth.

France, Italy, Belgium, and the Netherlands tax specific types of assets.

What's being discussed internationally?

At the G20 level, there's talk of a minimum annual 2% tax on the assets of the super-rich (those worth over $1 billion).

Conclusion: is Europe choosing tax fairness — or punishing success?

Europe is heading down a path of punishing the people who create capital (sound familiar?) instead of encouraging investment and growth.