Herman Van Rompuy: Europe's first president to push for 'Euro tax'

Within days of taking office in January, the former Belgian prime minister will put his weight behind controversial proposals already floated by the commission’s head, José Manuel Barroso, for a new “Euro tax”.

He will add credence to Mr Barroso’s plans, to be formally tabled in the New Year, by arguing for a Euro-version of a “Tobin Tax” ”“ a levy on financial transactions already floated by Gordon Brown as a solution to the international banking crisis. It would result in a stream of income direct to Brussels coffers, funding budgets that critics say are already rife with waste and overspending.

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Posted in * Economics, Politics, * International News & Commentary, Economy, Europe, Politics in General, Taxes

5 comments on “Herman Van Rompuy: Europe's first president to push for 'Euro tax'

  1. Br. Michael says:

    Any country that cedes its sovereignty to this “one world government” deserves to be taxed.

  2. Br_er Rabbit says:

    Resistance is futile. You will be assimilated.

  3. Clueless says:

    How long with Germany tax its financial transactions with deflated (and valuble) Euros, while Spain taxes theirs with inflated Euros?

    The dollar is seriously ill. We have idiots from California who want to print money but at least they are OUR idiots. They can move to the midwest, get religion, and vote Red.

    The Euro is mortally ill. These guys were at war less than 60 years ago. Most of them still don’t like each other, and they speak different languages.

    I do not think the Euro or the EU can last the next 10 years.

  4. Marcus Pius says:

    “These guys were at war less than 60 years ago. Most of them still don’t like each other, and they speak different languages.”

    [i] Comment edited by elf. [/i]

  5. Marcus Pius says:

    27 nation states, that should have been, of course