During the Lisbon campaigns I and many others warned of the implications of the amended Article 311 TFEU, which provides for 'a system of own resources for the Union' in furthering EU tax-harmonisation that would remove the principle of "no taxation without representation". VAT is the most regressive of fiscal-instruments, and the unelected Commission's intent to invoke Lisbon to impose it underlines that the Left are being taken for mugs if they believe the guff about Brussels' commitment to a 'social-Europe'.
Brussels: Be sure your Lisbon-lies will find you out.Euobserver.com said:The European Commission has proposed a list of potential methods to enable the EU to raise its 'own resources' in future, citing the need to end current wrangling over member state contributions to the Brussels budget.
A separate EU-wide value added tax (VAT) is among the ideas contained in the commission's "budget review" published on Tuesday (19 October), a document which stems from a Franco-British spat in December 2005 over EU payments.
Other self-funding mechanisms could include a financial sector tax, a share of profits from auctioned greenhouse gas emission allowances, an EU charge related to air transport, an EU energy tax or an EU corporate income tax.
Presenting the review in the European Parliament in Strasbourg, EU budget commissioner Janusz Lewandowski said the EU budget should rely less on member state contributions, as was previously the case.
Article 311 TFEU said:The Union shall provide itself with the means necessary to attain its objectives and carry through its policies.
Without prejudice to other revenue, the budget shall be financed wholly from own resources.
The Council, acting in accordance with a special legislative procedure, shall unanimously and after consulting the European Parliament adopt a decision laying down the provisions relating to the system of own resources of the Union. In this context it may establish new categories of own resources or abolish an existing category. That decision shall not enter into force until it is approved by the Member States in accordance with their respective constitutional requirements.
The Council, acting by means of regulations in accordance with a special legislative procedure, shall lay down implementing measures for the Union's own resources system in so far as this is provided for in the decision adopted on the basis of the third paragraph. The Council shall act after obtaining the consent of the European Parliament.