torsdag 5 mars 2020

EU sham tax avoidance measures

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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