"Instead, it suggests that national governments agree to raise €800bn (or 4% of EU GDP) through a harmonised corporate tax rate of 37%, an increased income tax

"Instead, it suggests that national governments agree to raise €800bn (or 4% of EU GDP) through a harmonised corporate tax rate of 37%, an increased income tax rate for the top 1%, a new wealth tax for those with more than €1m in assets, and a C02 emissions tax of €30 per tonne. This money would then be spent within each nation-state that collected it – with next to no transfers across countries." Sigh -- it becomes awfully depressing to even try and become successful if you read these proposals. Might as well not even care and just go and live in a cabin in the woods somewhere.