The EUs forked tongue spits again…

Yesterday I asked whether the left hand knows what the right hand is doing.. well here’s some more jiggery pokery from the same idiots in Brussels.

Syed Kamall, Conservative MEP for London, said: “The EU parliament’s vote in favour of a transaction tax is particularly disappointing given that they did not even wait for the European Commission’s initial impact assessment before making their decision.

Yup, the EU Parliament have jumped the gun again in looking for ways to cream off more of your money and get a direct taxation system going.

In a bid to boost Brussels’ budget by five per cent, the EU Parliament has voted to slap a Tobin, or so-called “Robin Hood” tax, on all financial transactions. The tax would levy a 0.05 per cent fee on the total value of “every type of financial transaction” that goes through any institution in Europe, pushing up the cost of economic activity at a time when the region is struggling to stage a convincing recovery.

And as Syed Kamall says “Unilaterally imposing the tax would send financial activity to lower cost destinations outside the EU and damage London’s attractiveness as a financial centre, and banks would simply pass on the costs of the tax to their customers, hitting savers and investors.” (source)

the EUs Left hand and right hand…both around your throat..and gripping ever tighter.


About IanPJ

Ian Parker-Joseph, former Leader of the Libertarian Party UK, who currently heads PDPS Internet Hosting and the Personal Deed Poll Services company, has been an IT industry professional for over 20 years, providing Business Consulting, Programme and Project Management, specialising in the recovery of Projects that have failed in a process driven world. Ian’s experience is not limited to the UK, and he has successfully delivered projects in the Middle East, Africa, US, Russia, Poland, France and Germany. Working within different cultures, Ian has occupied high profile roles within multi-nationals such as Nortel and Cable & Wireless. These experiences have given Ian an excellent insight into world events, and the way that they can shape our own national future. His extensive overseas experiences have made him all too aware of how the UK interacts with its near neighbours, its place in the Commonwealth, and how our nation fits into the wider world. He is determined to rebuild many of the friendships and commercial relationships with other nations that have been sadly neglected over the years, and would like to see greater energy and food security in these countries, for the benefit of all. Ian is a vocal advocate of small government, individual freedom, low taxation and a minimum of regulation. Ian believes deeply and passionately in freedom and independence in all areas of life, and is now bringing his professional experiences to bear in the world of politics.
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2 Responses to The EUs forked tongue spits again…

  1. Henry North says:

    Confucius say beware of man who speak with forked tongue.

  2. Shodan says:

    Are these people completely stupid?

    Sorry; I didn’t mean for that to be a rhetorical question, but it probably amounts to one…

Comments are closed.