...anyone who thinks that the EU financial transactions tax is a good idea for this country is stark raving bonkers.
As the Eurozone moans and groans under a Himalayan-size debt mountain, Brussels has come up with a wheeze to avert disaster – a tax on all financial transactions across the EU.
Where would the tax hit hardest? In Europe’s leading financial centre – the capital of our countryThe EU in its present form is on its last legs. Greece is just the start. History will record that the euro was like everyone on the same street sharing a bank account. One day very soon the poor old Germans will get sick of bailing out their free-spending neighbours.
Saturday, 1 October 2011
The EU Bank Tax Is No Robin Hood
I had to check more than once that I was reading the right newspaper: