Sunday, May 26, 2019

What would a Georgist EU look like?

What would a Georgist European Union look like?

• 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.•

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