€800bn
Money coming in
€300bn
1.5% of GDP
From raising corporate profit taxes across the EU to a unified rate of 37%
€200bn
1%
From levying a progressive tax on high-income individuals: an additional 10% on incomes above €100,000 and an additional 20% on those above €200,000
€220bn
1.1%
From a tax on personal wealth and assets: an additional 1% on estates valued at above €1m and 2% on those above €5m
€80bn
0.4%
From taxing carbon emissions at €30 per tonne
€800bn
Money going out
€200bn
1% of GDP
To spend on innovation and research and development to boost growth and jobs
€80bn
0.4%
To grow green technology with the goal of offsetting climate change
€80bn
0.4%
To a migration fund to help countries cope with their refugee crises
€400bn
2%
Divided proportionately by population and given back to member states to spend as they choose
€40bn
0.2%
To aid agriculture and industry with their transition to a greener economy
€800bn
Money coming in
€800bn
Money going out
€200bn
1% of GDP
€300bn
1.5% of GDP
From raising corporate profit taxes across the EU to a unified rate of 37%
To spend on innovation and research and development to boost growth and jobs
€80bn
0.4%
To grow green technology with the goal of offsetting climate change
€80bn
0.4%
To a migration fund to help countries cope with their refugee crises
€200bn
1%
From levying a progressive tax on high-income individuals: an additional 10% on incomes above €100,000 and an additional 20% on those above €200,000
€400bn
2%
Divided proportionately by population and given back to member states to spend as they choose
€220bn
1.1%
From a tax on personal wealth and assets: an additional 1% on estates valued at above €1m and 2% on those above €5m
€40bn
0.2%
To aid agriculture and industry with their transition to a greener economy
€80bn
0.4%
From taxing carbon emissions at €30 per tonne