Wednesday, 9 November 2011

Osborne is the real Robin Hood

At the ECOFIN (European Finance Ministers) meeting in Brussels yesterday the Chancellor George Osborne emphatically did his job protecting the UK from an EU tax grab. The UK will pay 80% of this tax and it will hit our economy hardest. Ironically, too many EU countries have not met their Millennium Development Goal (MDG) commitment to put 0.7% of their GNI to development aid. The UK is committed to this target. Other EU countries want to pay for their MDG commitment by taxing the UK which is already keeping its promise.

The UK charities that are promoting this pick pocketing should be ashamed of themselves. They know that if they ask EU states to meet MDGs out of their tax revenue, as the UK is, they will get told to go away. Instead they think that it is easier to ask the UK to pay twice. No thanks.

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