Inequality-and-the-super-rich-the-status-quo-is-unsustainable

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Questions and Answers

At what point does Ingrid Robeyns suggest taxation should intervene in personal income and assets of the super-rich?

  • €5m
  • €15m
  • €10m (correct)
  • €1m

What is the main reason for the decrease in political talk about wealth taxes, according to the text?

  • Rising support for the super-rich in recent times
  • Benefit of free capital movement and rising asset values for the wealthy (correct)
  • Reluctance of political parties to address wealth taxes
  • Decrease in public interest in wealth taxes

Which term best describes Ingrid Robeyns' view on her €10m figure?

  • Achievable
  • Pessimistic
  • Unrealistic (correct)
  • Controversial

What is the Labour party's stance on 'mansion' taxes, capital gains tax, and higher top rates of income tax, as mentioned in the text?

<p>Refuses to contemplate any tax increases (B)</p> Signup and view all the answers

What has been the effect of the wealthy getting steadily richer in recent times?

<p>Diminished political talk about wealth taxes (B)</p> Signup and view all the answers

Which economist's influential work is mentioned as analyzing the asset wealth boom across Europe?

<p>Thomas Piketty (D)</p> Signup and view all the answers

What did Plato prescribe in the 4th century BC in the interests of political stability?

<p>Richer citizens should have no more than four times the property of the poorest (B)</p> Signup and view all the answers

What has grown three times as fast since 2020, according to a report by Oxfam?

<p>Billionaires' wealth (D)</p> Signup and view all the answers

Who is advocating for a European wealth tax to help finance the green transition?

<p>Two social democrat MEPs (B)</p> Signup and view all the answers

What is endangering the health of democracies, according to the text?

<p>Undertaxed private wealth and public austerity (B)</p> Signup and view all the answers

What is the main challenge for cash-strapped governments and the European Union?

<p>Dealing with colossal challenges relating to the green transition and reviving moribund economies (D)</p> Signup and view all the answers

Who is successfully piggy-backing on eroding faith in politics to prosecute its own authoritarian agenda?

<p>The far right (C)</p> Signup and view all the answers

Who wrote about the age’s normalisation of an 'absurd affluence'?

<p>'The Labour MP and former Treasury minister Liam Byrne' (B)</p> Signup and view all the answers

What would a million signatures on a citizens' petition mean for the European Commission?

<p>They would have to listen (A)</p> Signup and view all the answers

What is past time for social democratic parties to do, according to the text?

<p>'Show less deference towards the interests of the very wealthy in ever more unequal societies' (B)</p> Signup and view all the answers

According to a report published by Oxfam, what did they find regarding wages and billionaires' wealth?

<p>Wages of more than 800 million workers have failed to keep pace with inflation, while the wealth of billionaires has grown three times as fast since 2020 (A)</p> Signup and view all the answers

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