The Freedom Party of Austria (FPÖ) has vehemently rejected the idea of a European tax designed to finance the European Union’s (EU) budget.
According to the FPÖ’s parliamentary finance spokesman, Lutz Weinzinger, the introduction of a European tax would merely serve to increase the EU budget’s dependency on national budgets, and to significantly weaken budgetary discipline. It would also serve to increase the financial burden on taxpayers within the EU, he added.
Weinzinger emphasized that the key advantage of the existing system is the fact that the EU is not able to create debt. Not only would a European tax lead to uncertainty regarding expected tax revenue, which, in turn, could be used as an argument to undermine the ban on borrowing, but it would also reduce transparency as regards EU funding, he argued.
In concluding, Weinzinger underlined the fact that an autonomous right to levy taxes is incompatible with the character of the EU as a confederation of states.
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