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Yes, it's a JS-heavy website with a webdesign that makes my eyes hurt. Sigh, can't have nice things, can we?

You can skip right to the signing by going to the relevant Citizens' Initiatives website on europa.eu here:
https://eci.ec.europa.eu/038/public/

Both sites seem to work fine in a Tor Browser, and the signing requires solving a self-hosted captcha (no Big Tech captcha involved, it seems), so at least that's good.

> It could never work, because the rich can move / have already moved their wealth elsewhere.

Any such issue is very complex. There are always several things that need to happen to "fix" them.

So, if you react like this to any single attempt ­— "this can't work, as there are other issues to solve first" — then nothing ever gets fixed.

That's basically nihilism. You do you, but if you are so certain it can't work, why even bother commenting on this at all?

> Who exactly would get taxed and to what extent? What would be considered "excess wealth"?

Fair question, not clearly answered.

But this is a very early step in a potential legislative process. This question would get hammered out throughout that process, if it gets in.

It's not like we're voting on specific terms here. Merely saying: "yeah that sounds like something we should spend some EU time figuring out properly."

So, that sounds reasonable to me. Plus, Thomas Pikkety is involved.

@rysiek not true, the definition is quite clear. The example for Belgium: you would be taxable if you have, NOT counting your house and any assets committed to your business, over 1.25 million euro.

@alberto_cottica I cannot find this anywhere on the website. What am I missing?

Nevermind, found it, the FAQ.