Lately, a vocal group of wealthy people have been calling for more taxes on the rich. From billionaire Warren Buffett in the States to L’Oreal heiress Liliane Bettencourt and other French high-earners asking the wealthy to pay more taxes on their incomes in order to help pull their countries out of debt, it’s inevitable that leaders will listen – and raise taxes. France announced a 3% tax increase on its top earners, and Italy followed suit. After plenty of debate, Italians earning over €500,000 annually will pay an extra 3%. Italy’s move is largely symbolic, however; only 4,437 Italians declared €500,000 or more on their tax returns. Spain is considering a similar measure, a 2% increase on high earners to raise €1.2 billion.