BRUSSELS - The chairman of the European Union’s leaders proposed on Friday filling the hole left by Britain in the bloc’s next long-term budget with revenue from a new tax on plastics and funds from trading carbon emissions.
The departure of Britain from the bloc on Jan. 31 left a gap of more than 10 billion euros a year in the EU’s funding, since it was a leading contributor to the budget after Germany. The EU is also considering other taxes — on the digital economy, flying, financial transactions and on products made with high CO2 emissions imported into the EU — as further sources of revenue.
“The ceiling is too high, the modernisation too little. There remains a need for permanent corrections to ensure fair burden sharing,” the diplomat said. Michel said EU funding should be conditional on governments respecting the rule of law - a point many of the net payers insisted on to keep pressure on Poland and Hungary that stand accused of violating democratic checks and balances.
Plastic tax is good news!
hmmmmm. and carbon trading cash was supposed to be net neutral........
More tax!!! I'm sure the people in France will be elated with this news.
Weel they certainly found the gap to make sure they stl get paid!
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