EU tax keep on coming
The Village Hampden found a document about the taxes that the EU was looking at imposing in order to be able to to pay for itself. Now we see that the EU is proposing an aviation tax, not using the climate change excuse as was originally planned but to fund development aid. This casual ignores, of course, that single biggest problem to the development of the third world is the dumping of subsidised food on their markets thanks to the CAP. Agriculture being one of the few areas that the third world can outcompete the west in a free market due to low unskilled labour costs.
1. Modulated VAT
2. CLIMATE CHARGE ON AVIATION
3. EU CORPORATE INCOME TAX
4. ENERGY TAXATION
5. EXCISE DUTIES ON TOBACCO AND ALCOHOL
6. TRANSFER OF SEIGNIORAGE REVENUE
7. COMMUNICATION TAXATION
8. PERSONAL INCOME TAX
9. TAX ON FINANCIAL TRANSACTIONS
Looks like they have got 1 and 2, with 3 heading towards harmonisation thanks to the ECJ. How long until the rest? The UN is pushing for 9 in order to pay for it's workings, a bandwagon that the EU will be only to happy to jump on.
The only good thing that I can see from this is if they ever get 6 then that means the EU has entered it's terminal phase and is about to collapse, rather like Romania did at the end of the cold war.
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