Teaching Comparative Government and Politics

Monday, October 27, 2014

Taxes imposed by the EU

Please note that this levy is not being proposed by the Council that represents the member states or by the European Parliament that represents citizens. Talk about democratic deficit.

European Union Orders Britain to Pay Extra $2.7 Billion
A demand from the European Union for an extra payment worth $2.7 billion would not be welcome news for any European leader…

The request for 1.7 billion pounds came after a recalculation of data showed that the British economy performed better in recent years than previously thought, suggesting that its payments into the European Union budget should rise according to the bloc’s formula for contributions. The payment would come in addition to Britain’s annual payment of about $13.8 billion to the union’s treasury…

The revision took place after the European Commission, the executive arm of the bloc, reviewed the economic performance of all member states since 1995 and revised its statistics to take into account elements such as the underground economy.

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