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'The criteria of simplicity, transparency, predictability, and justice should be met by new own resources.'
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To help pay down the EU's accumulated debt from funding the post-pandemic economic recovery, the EU is considering implementing a new wealth tax on its member states. Most European Union member states have done away with their net wealth taxes over the past three decades because of the harm they did to long-term economic growth, innovation, and entrepreneurship.
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Why do the managers and officials of these companies seem to overwhelmingly side with the regime and its policies?