EU taxation

VAT is an EU tax, and the EU's main finding stream. We have to pay it because it was imposed by the EU. The minimum tax levels are set by the EU. And like most things EU it is massively over complicated and riddled with endemic fraud. We are not talking small frauds either the scale is so large that it can change reported trade flows by billions of pounds, the entire 15% increase in trade for may between the UK and non-EU countries is thought to mainly consist of VAT fraud. Samizdata has a post about the correct attitude to VAT


When will we finally get out of the antidemocratic fraud magnet that is the EU?