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Loss Of UK Revenue Now Worries The EU
By Ted Twietmeyer
There was a time in America when unions helped raise wages and improve benefits. Today, many workers contribute to unions involuntarily as a condition of their employment. Cashiers in some supermarkets earning minimum wage, higher paid construction workers and other employees are forced into this as a condition of employment.
Most union members receive no tangible benefits for contributions deducted from their wages. Unions are now leaches sucking money from hard working people, with executives earning big paychecks for doing nothing for union members. Unions are obsolete, 20th century organizations.
As of 2018, the European Union had 512 million people. It was founded by Germany, France, Italy, Netherlands, Belgium and Luxembourg in 1993. It was formed in the Netherlands which is ironic: Netherlands has been a leader in assisted suicide where 4.5% of the people die annually from assisted suicide.
EU is now feeling the loss of 10 BILLION Euros/year after the UK left the union on Jan. 31st, 2020. Germany has been (and still is) the leading EU contributor, with the UK as the second leading source of revenue. If Germany left the EU, it could make the union collapse. EU central bank is located in Frankfurt, Germany.
The ruthlessly green, non-compromising EU pollution laws are being considered as a source of revenue. One EU leader Charles Michel wants to create a plastics tax and start carbon emissions trading. Most products all around us are made of plastic or contain it in some form like drink and food containers, computers, printers, monitors, keyboards, televisions, phones, vehicles, toys etc...
Charles Michel suggests the loss of income from the UK leaving the EU can be replaced by a new tax. A new tax on plastics could be imposed on EU member countries. Additional income can be created by trading carbon emissions. On Feb. 20th 2020, 27 EU leaders will be at a summit. They will discuss the upcoming budget for 2021-2027. It will be $1.19 trillion, or about 1.07% of the EU gross income.
Why should the loss of just 1.07% of the EU budget become such a great source of concern? Is the EU budget really that tight? Perhaps the EU is worried the UK leaving the EU will have other member countries considering doing the same thing. Other countries have mentioned doing so in recent years, after seeing that 27 years of EU promises of greatness and prosperity never became reality.
Now that the UK is no longer forced to give away $10B Euros/year, keeping funds should help the UK to prosper. But what will that surplus actually be used for? No one knows.