Europe's newly selected President Herman Van Rompuy is pushing for a new European tax and will work together with the European Commission to push for it.
Herman Van Rompuy, former Belgian Prime Minister and Europe’s first President, will be working together with the European Commission's head Jose Manuel Barroso to impose a new Euro tax and wants to institute a new European identity, according to the Daily Express
As the Irish Independent
notes, the Euro tax would go directly to Brussels in order to fund their budgets but some critics say their budgets are full of waste, overspending and filled with bureaucracy.
Van Rompuy is calling to scrap national identity in favor of a European identity and wants to institute Euro involvement in local town halls, schools, sports and green taxes on all 27 member nations.
Shadow Foreign Secretary William Hague recently said, “Any attempt to move the EU further towards a federal state would be unacceptable. The British people never had a chance to give their view on whether the job of president should exist at all.”
The President is arguing for a European version of the Tobin-Tax, which is a tax on financial transactions. British Prime Minister Gordon Brown called for this tax
over the summer and just recently but nothing ever came of it until now. The Tobin-Tax was proposed in 1972 by James Tobin as a tax on currency speculation.
reports that at a recent Bilderberg meeting with top politicians, businessmen and officials the 62-year-old Van Rompuy stated in a speech, “The financing of the welfare state, irrespective of the social reform we implement, will require new resources. The possibility of financial levies at European level needs to be seriously reviewed.”
With a new Euro tax, all shopping and petrol would be taxed.
In response to the proposal, Timothy Kirkhope, leader of the Britain's Conservative MEPs, said, “Any kind of harmonised tax system will remove control over our national tax systems. Competition in Europe depends on member states being allowed to have competitive tax regimes.”
Van Rompuy’s sister also disagrees with the plan by saying any new taxes would directly affect the poor and concluding that they should tax the rich.
President Van Rompuy will earn an annual income of $528,000.