Comments on: Euro bank recap battle line limits solidarity http://blogs.reuters.com/breakingviews/2012/09/26/euro-bank-recap-battle-line-limits-solidarity/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Acetracy http://blogs.reuters.com/breakingviews/2012/09/26/euro-bank-recap-battle-line-limits-solidarity/comment-page-1/#comment-10738 Thu, 27 Sep 2012 00:30:45 +0000 http://blogs.reuters.com/breakingviews/?p=13974#comment-10738 What Spain as well as Greece, Italy and Ireland need is to pass a wealth tax on citizens/residents with net worth over $10 million Euros. And this would be their worldwide net worth, so include those Swiss bank accounts, Lichtenstein Stifungs, etc.

The austerity measures being pushed in Spain, Greece and elsewhere are destroying fragile economies, creating huge widespread poverty and social unrest. It is about time the super wealthy pay their fair share and shore up their countries.

]]>