The EU’s tax haven agenda is a show of futile and cynical window
dressing put there to impress the gullible while doing nothing
fundamental about the problem, which is systemic. If a tax is vulnerable
to avoidance and evasion, it will be avoided and evaded. The EuroTax,
VAT, is a perfect example, with leakage rates of over 30% in some EU
member countries. It has been known for the past three centuries that
taxes on real estate ie land, cannot be avoided or evaded; land cannot
be hidden or moved to a tax haven. Those responsible for EU tax policy
have no excuse for not understanding this, since land value taxes were
widespread in Europe before World War One, the fundamental ideas having
been rediscovered in modern times by the French Physiocrats and Henry
George. The ideas of Henry George were picked up with enthusiasm in
Germany and Denmark.
I wrote to my MP on two entirely separate issues recently. The first was to do with the replacement for the Inter City 125 train, which at £2.6 million per vehicle, is twice as expensive as it ought to be. The second concerned the benefits of a switch from business rate and Council Tax to a tax based on site values. In both cases, the replies were full of spurious, unsubstantiated assertions and completely flawed arguments. This is typical. You will not get an iota of sense from the government on any area of public policy at all - finance, economics, trade and employment, agriculture, housing, health, transport, energy. All junk. If you write to your MP you will invariably receive answers that are an insult to your intelligence, no matter what subject you are writing about. Of course they cannot understand statistics. They are innumerate. Whitehall is staffed with idiots with a high IQ. Look at their IT projects. And mind your purse, they will have that too.
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