Since some people feel let their moral affections and prejudice against rich individuals (sometimes deserved, sometimes not) cloud their judgement , I'm going to explain what's going to happen and why.
(1) EU Government makes a big deal about "cracking down" on rich individuals because it makes the general public happy and the general public doesn't bother to double check anything anyway
(2) Big ceremony with lots of speeches
(3) Meeting between large companies representatives and lawmaker's staff. They have one topic of discussion: "How can we lower your tax burden while making it look like we are raising it?" There are two main reasons for this (a) They don't want to lose campaign funding from the companies (b) They don't want the companies moving even more of their operations overseas (your personal morality be damned, no one who matters cares at all) and leaving unemployment and a net lower tax revenue (c) Rich people spend a larger proportion of their income on economic progress like starting new companies, you spend your money on beer and video games
(4) They will come up with a brilliant idea like larger taxes on repatriating corporate money (larger companies simply won't repatriate directly, but send the money to bank accounts first in the form of income) or a tax on company growth that sounds like it only affects large companies but only serves to destroy new competitors, or something brilliant like raising corporate income on income reported locally (except they already did that but got caught so they'll find a new trick).
In the end, if the game plays out correctly, low income individuals will still payer higher taxes, large companies will pay less taxes, but it will sound a lot like the opposite is occurring. You'll be happy and the economy will be slightly less screwed than if we listened to you and made companies actually pay 30% - 40% of their income directly to the treasury trough.