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.
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