Monday, November 10, 2014

The EU's anti-competitive tax policy

From today's Open Europe new summary:

Following the release of thousands of secret documents detailing how Luxembourg helped companies avoid paying taxes, aFT leader argues, “For the sake of his own credibility – and that of the commission – [Jean-Claude Juncker] cannot afford to give anything but the most full-throated support to efforts to crack down on abuses of tax systems.” Open Europe’s Pieter Cleppe was interviewed by Danish daily Information discussing the issue.

Notice that Luxembourg is considered to be cheating somehow by helping its clients keep more of their hard-earned profits. The EU is a totalitarian and anti-competitive organization that wants to milk its people and its businesses with no means of escape. But I have news for the EU: people and businesses WILL find a way to escape.  They will leave.

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