Will this project not be vetoed by some countries?

November 27, 2018 12:29 pm Published by

No: the project has been designed so that it can be adopted by the countries who wish to do so, without any country being able to veto it.

Generally speaking, in recent years European public opinion in all countries and of all political tendencies has become much more aware of the question of the lack of fiscal and social justice in Europe. In particular it is a known fact that the biggest companies pay much lower tax rates on their profits than small and medium businesses and households with high incomes and assets are taxed at lower rates than the middle and working classes. This reality is now common knowledge and undermines the social contract and the consent to taxation in Europe. However, no government has proposed any practical measures to break the deadlock. This is why we consider that a specific plan enabling us to resolve this problem and to provide more fiscal and social justice in European countries would correspond to the requirements of Europe today and would be likely to obtain the consent of the majority in all countries.

Furthermore this project has been designed so that it can be adopted by any subset of member countries of the European Union. On the legal level, the rationale of the Treaty for Democratization is that it in no way conflicts with any of the current European Union Treaties: it accompanies them them, by creating for the countries who so wish, a new, shared fiscal sovereignty. It therefore in no way requires the agreement of all the EU members to enter into force. This point is central: the aim is precisely to be able to circumvent the possible veto of countries which refuse the possibility of a common taxation system (like Luxembourg or Ireland).

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This post was written by admTDEM