SpurMeUp
Gary Stevens
I'm not really a fan of moves towards fiscal union, taxes should be set by individual countries and I think shared debt is a slippery slope that will lead to more deals like this as well as a lot of bitterness between some countries.
On Ireland in some ways people there have lost out, Varadkar lost his majority recently even though people praised his handling of Brexit and coronavirus because he pandered too hard to some of the US companies which led to huge pressures on infrastructure and a massive spike in house prices driving locals away from Dublin etc.
They could always do what the UK and I believe France are doing and put in a digital services tax but I think it doesn't capture Apple.
Basing 70% of it on population and unemployment, some of the EU countries (mainly Italy and Spain) have been in long term decline with weak economies and high levels of unemployment for a long time before this virus came along.
So when you flagged up the EU borrowing money and lending it to the EU as bad thing - something that is happening the world over at the moment - there wasn't actually anything wrong with it that you could identify. The only issue it transpires was your fears of something that has not occurred. That this lending money will somehow lead to fiscal union. But you have not outlined how. A baseless fear therefore?
My previous point regarding Ireland and Apple, was highlighting how headlines on EU actions are often misrepresentation. People post things which seem to show the EU has stopped Ireland getting taxes back off Apple. But look at the detail and you can see the EU is trying to make Apple pay up.
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