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Breaking a Taboo: Plans for Euro-Zone Tax Take Shape
Der Spiegel ^ | July 30, 2015 – 04:47 PM | Michael Sauga, Christian Reiermann and Christoph Schult

Posted on 08/02/2015 11:15:44 AM PDT by Olog-hai

History has shown that when a government wants to solidify its power, it has to turn its subjects into taxpayers. The Roman Empire demanded high tribute payments from every tribe it had newly conquered. And the United States developed from a commonwealth to a federal state when, in the 18th century, Treasury Secretary Alexander Hamilton achieved uniform duties and taxes for the entire union, initially on whiskey, because it was so lucrative.

Politicians in the eurozone are now seeking to emulate the historic model from the early years of the United States. The unnerving bargaining over the latest Greece bailout program has led the leaders of the monetary union to conclude that the eurozone has to become more tightly joined together politically.

European Central Bank (ECB) President Mario Draghi wants stricter rules for the banking union. French President François Hollande is calling for a separate economic government for the monetary union. And in Brussels and Berlin alike, financial experts are devising plans to provide the Euro Group with the same tool that has proven to be so successful throughout history: its own tax.

If the plans were implemented, it would constitute the breaking of a taboo for the Continent. The people are used to the fact that some powers are shifted to Brussels as part of European unification. But there is one thing even the most devoted proponents of Europe had shied away from until now: giving the EU the right to impose taxes, a power many felt the member states should retain. It had long been a given that this was something the European people would never accept. …

(Excerpt) Read more at spiegel.de ...


TOPICS: Business/Economy; Foreign Affairs; Germany; Government
KEYWORDS: eurobanking; eurozone; eussr; tobintax
Somehow I think they are getting the comparison with Hamilton all wrong.
1 posted on 08/02/2015 11:15:44 AM PDT by Olog-hai
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To: Olog-hai

Every government always seeks to expand its powers and control over as many people as possible.
The supporters of the Country of Europe have themselves to blame. I could have warned them, but their heads were up their collective European a$$es.


2 posted on 08/02/2015 11:36:46 AM PDT by I want the USA back (Media: completely irresponsible. Complicit in the destruction of this country)
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To: Olog-hai

This will spell the end of economic experimentation, i.e., lower taxes in one country to stimulate economic development: they’ll want the taxes to be the same everywhere - high!


3 posted on 08/02/2015 11:39:46 AM PDT by Redbob (Keep your hands off my great-great-grandfather's flag)
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To: Olog-hai

1) Government / Bureaucracy is an organism.
2) Organisms are incapable of being static, They either grow or die.
3) Restrict the feed to an organism and its edges die first.
4) Feed an organism and its nucleus grows first.
5) A growing organism finds more sources of food.
6) Divide an organism and both sections seek to grow back what was lost.
7) No organism will ever find a reason not to grow.
8) Controlling an organism will cause pain as the organism fights back.
9) If the organism causes no pain, it is not being controlled.


4 posted on 08/02/2015 1:11:32 PM PDT by SES1066 (Quality, Speed or Economical - Any 2 of 3 except in government - 1 at best but never #3!)
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To: Olog-hai

A great tyranny in the making (and quite a ways along, too)


5 posted on 08/02/2015 1:35:53 PM PDT by faithhopecharity (up)
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To: faithhopecharity
..."A great tyranny in the making (and quite a ways along, too)"....


6 posted on 08/02/2015 1:40:48 PM PDT by caww
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To: Redbob

7 posted on 08/02/2015 1:42:57 PM PDT by caww
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