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A Georgist EU?

Written on . Posted in Taxation.

What would a Georgist European Union look like?

  • Member countries raise the bulk of their public revenue from an ad valorem tax on the rental value of land.
  • Contributions to the EU central fund in proportion to each country’s aggregate land rental value.
  • No tariffs charged on imports to or within the Single Market area.
  • No restrictions on imports to the Single Market area, subject only to the country of origin, and contents being clearly marked, unless there is a major issue of public safety.
  • No sales taxes within the Single Market area (with the possible exceptions of alcohol and tobacco).
  • CAP scrapped.
  • VAT scrapped.

I would settle for a ten year transition period.