Tuesday, 25 September 2012


Poor old Cyprus has the difficult job of being at the helm of the rotating Presidency of the EU Council while negotiations over budget for the next seven years take place.
Their valliant attempt to cap the budget at  €1,033 billion  was effectively thrown out after EU ministers failed to agree yesterday.
While those countries inevitably filling their pockets as net benficiaries decried such a limit on spending, member states such as the UK, who bankroll a lot of the EU waste, are fighting hard to encourage the Commission to live by their own rules of zealous austerity that have been so damagingly imposed on bailed out Eurozone countries.
No wonder then , considering how morally and financially bankrupt the EU is, that the Commission has once again put in a bid for their own tax raising powers through a direct levy on consumers and businesses across the Union. This would mean Governments themselves would pay lesser contributions, while the European Commission dipped their hands into the pockets of the 500 million EU poopulation.
The proposals cover a one per cent rise in VAT which Brussels would siphon off to spend how they see fit. On top of this, disguised 'green' policies would see tax on fuel and flying also be driven towards the unelected bureaucrats in Brussels.
Britian has also been threated with having to give up the rebate, which sees Britian receive cashback from Brussels to offset discrepancies between contribution and funding. Where as other net contributors such as France benefit greatly from Agricultural spending, Britain receives little in relation to the funds poured into Brussels and so is the only country to receive a refund, something which many other member states oppose.
However without the rebate, Britain would top the table of contributions to Brussels meaning a hugely distorted per capita burden on the UK taxpayer.
It is often said there should be no taxation without representation. By gearing up to arm themselves with full fiscal powers, Brussels would effectively have created a self-funding, unimpeachable centralised government with little democratic representation.
The Commissars of Brussels prefer working via protection rackets and loan sharks than attempting to function as a 21st century democratic institution. The sooner the world wakes up to this, the better.

No comments:

Post a Comment