EU SHOULD ABOLISH VAT BEFORE EVEN THINK OF STARTUPS!

VAT TRANSFORMS EUROPEANS TO WALKING DEAD

Supporting innovative entrepreneurship and dismantling the obstacles to its development through improved access to finance and the single market, better connections between regional entrepreneurial ecosystems and raising awareness about the need to give failed but honest entrepreneurs a second chance are the objectives of an opinion drafted by Tadeusz Truskolaski (PL/EA). The members of the Committee of the Regions (CoR) adopted the opinion during their plenary session on 12 July in Brussels where they also announced the three winners of the 2018 European Entrepreneurial Regions (EER) award.

It’s ironic for Eurocrats to talk about human rights of foreigners, when themselves torture all Europeans with the Value Added Tax every single day! Value Added Tax is becoming the back door money spinner du jour. VAT has all the hallmarks of a terrorizing tax. Unlike income tax, it is invisible or well hidden. It is complicated, with so many different rates for different things that only accountancy geniuses stand a chance of remembering them.

While we all pretty much know how much income tax we pay, we don’t have a clue how much VAT we pay in a typical year. Only the most fastidious would sit down to that particular spreadsheet after Christmas, over a sherry, as part of an annual appraisal of the past 12 months’ finances. Fag packet calculations about how much tax we pay, if we even bother with them, rarely include VAT, because in a world of highly disaggregated spending patterns of coffees here and takeaway pasties there, it is so blinkin’ difficult to work out.

The EU has been developing SME and entrepreneurship policy tools over a decade which has over the last years led to a small start-up revolution in Europe. However, compared to countries like Switzerland, South Korea, Japan, China or the USA, Europe lacks companies able to substantially scale up their operations or even grow globally. With its new start-up and scale-up initiative the European Commission (EC) wants to give Europe’s innovative entrepreneurs every opportunity to grow and become successful worldwide, paying attention to the need for regionally interconnected EU-wide clusters and ecosystems.

We have to work together and be even more ambitious and proactive if we want to build strong entrepreneurial ecosystems in our cities and regions. If companies find the right framework locally they can be successful globally. That’s why we need to create the right circumstances to allow the next generation of success stories to grow in Europe, stimulating growth and development across the entire Union “, said rapporteur Tadeusz Truskolaski (PL/EA), Mayor of Białystok.

VAT is almost impossible to avoid. Who isn’t a spender? Who isn’t a consumer? Perhaps we would feel a bit more cross about it if anyone understood how often we pay it and on what. It’s not just Mulberry bags and Bose sound systems that attract VAT. It is alcoholic drinks, confectionery, crisps, savory snacks, hot food, sports drinks, hot takeaways, ice cream, soft drinks and mineral water – not considered luxuries by most of us. Those civil servants classifying which goods and services should and shouldn’t attract VAT have an agenda other than to truly determine the necessity of an item – and that agenda is to increase revenue.

With wage growth remaining fairly poor, it seems unlikely that the Government will turn its attention back to income taxes as a key revenue driver. The amount people spend rather than the amount they earn seems a far better bet. So it looks like VAT – complex, opaque, regressive, and impossible to mitigate – is here to stay.

VAT-monger EU underestimates the reactance of VAT-struck Europeans. Reactance is a motivational reaction to offers, persons, rules, or regulations that threaten or eliminate specific behavioral freedoms. Reactance occurs when a person feels that someone or something is taking away his choices or limiting the range of alternatives.

Every day, VAT-struck Europeans are bombed, tortured, and killed by the Value Added Tax, but the stupid European Commission doesn’t give a damn about it.  It’s ironic for VAT-monger EU to teach other countries how to treat their citizens when VAT-monger EU itself misbehaves so badly.

VAT-monger EU tries to distract VAT-struck Europeans on their great desire to abolish the Value Added Tax by drawing their attention to imaginary lies, such as anthropogenic climate change, innocence of Islam, benevolence of government, and benefits of more Europe.

VAT SLAVES OF EU

The rapporteur highlights the lack of sufficient access to affordable long-term financing and the heterogenic laws in EU Member States – in particular the fragmented tax systems – among problems constraining European start-ups to expand. He also welcomes European Commission’s efforts to tackle the problem of ineffective and excessively long business insolvency proceedings in some EU Member States and its aim to give honest but over-indebted entrepreneurs a second chance. The CoR opinion therefore:

Suggests to create new opportunities through:

  • Creating a start-up visa and a catalogue of conditions enabling a safe use of qualified intellectual and financial capital from third countries
  • Additional funding for start-ups to develop and protect intellectual property rights
  • Expanding the Enterprise Europe Network’s (EEN) range of services including advice on scaling up and cooperating more with local business incubators, science and technology parks
  • Creating a separate instrument dedicated to networking projects in less-developed regions
  • Encouraging new public procurement procedures exploiting the potential of start-ups and scale-ups

Abolition of the Value Added Tax is the #1 priority of Europeans, but Eurobarometer never asks them about it, under strict orders from Führer Juncker! Vat shackles business. VAT yoke constrains sales and robs poor VAT-struck Europeans at gunpoint. VAT is the cacothanasia of EU! VAT destroys the economy and trade of EU. VAT is the most infamous comparative disadvantage. Value Added Tax VAT is a very good reason to secede from Fourth Reich (EU) now.  All Europeans want VAT to be abolished right now.  Abolition of VAT is a prerequisite for Fourth Reich to recover from the current depression. Any federation that imposes VAT on its members does not deserve to live.  Vatstruck Fourthreichians are looking for a Moses to liberate them from the yoke of Brussels.

Charging sales tax or Value Added Tax on gold coins is barbaric. Gold is the best and most reliable money. A government cannot charge VAT on money! Citizens should be free to use gold, silver, or other currencies with no legal restrictions or punitive taxation standing in the way.  But the government wants to play dirty games manipulating money. Your government is your worst enemy!

Value Added Tax is killing the goose that laid the golden eggs. VAT is the major culprit of depression, the #1 source of misery. VAT is the cacothanasia of economy! Vatdodging is heroism!  If you are a real patriot, you should revolt against VAT, buying products online from companies that evade VAT.  Remember, your government is your worst enemy!  The largest online retailers offer top quality products at deep discounts without VAT. Only stupid consumers pay VAT!

Value Added Tax, aka kleptocrats’ grab, is a regressive tax; the poor pay higher percentage of their income. Revenues from VAT are much lower than expected, because they are difficult and costly to administer and collect. Since any double-digit VAT leads many consumers to underground economy, most vatstruck Fourthreichians evade VAT! As a matter of fact, if you are a real patriot, you should boycott shops that charge abominable VAT!   VAT is the cacothanasia of Fourth Reich! Vatdodging is heroism!

Imposition of a VAT is the precursor to bigger government. It is simply too easy for kleptocrats to raise a tax that is hidden from citizens. VAT is embedded in the final cost of the goods sold, and is hidden to the consumer. VAT is applied at every stage of consumption, from wholesale to retail. It is passed along until it literally becomes as much an inherent and cloaked component in the price as transportation or raw materials. As a result, countries that have adopted VAT have been sorely tempted to raise the rate over time.

When VATs started out in Europe in the 1960s, they were small, usually less than 5%. Today, the average VAT rate in Europe is 20%. If your country wants to join the European Union, you have to have a minimum VAT rate of 15% so that people won’t take retail shopping vacations in your cities. Hungary wins the dubious award of having the world’s highest VAT rate at 27%. This floor and ceiling of VAT prices is a clear violation of antitrust laws, price fixing, pure and simple!

Fourth Reich forced the hateful VAT on Greece in 1987 and is the most disgusting indirect tax. Greeks are at war against their government over the abominable 24% VAT. Vatmonger Greek government harasses Greeks by pressuring them to demand receipts when they buy products. Greeks who cannot gather many receipts are penalized with more taxes!   Transforming citizens to VAT enforcers is disgusting, undignified, and against basic human freedoms. EU should call vatmonger Graecokleptocrats on the carpet now.

All the additional tax revenue from a VAT has not resulted in deficit reduction. Fourthreichian nations first began imposing VATs about 40 years ago, and the result has been bigger government, permanent deficits and more debt. Public debt is equal to 80% of GDP in fourth Reich, compared to 64 percent of GDP in the United States.

The most important comparison is not debt, but rather the burden of government spending. If you go back to the mid-1960s, before the imposition of VATs, Fourthreichian nations had relatively modest-sized government, only slightly larger than in the United States. Adopting a VAT, however, gave politicians a giant new source of tax revenue. And just like you don’t cure an alcoholic by giving him keys to a liquor store, you don’t promote fiscal responsibility by giving government a new source of revenue.

Welcomes the EC’s suggestions to facilitate access to finance through:

  • Establishing a European venture capital fund of funds
  • Creating innovation brokers linking buyers interested in innovative public procurement with innovative companies and helping them to access venture capital
  • Increasing the budget for COSME, the EU’s main instrument supporting the competitiveness of SMEs
  • Looking into the opportunities of and a regulatory framework for crowdfunding platforms

Welcomes the EC’s proposal on insolvency, restructuring and a second Chance and recommends to:

  • Take greater account of related workers’ rights, proposing legislative amendments reflecting this recommendation
  • Support financially the specialisation of judges and practitioners involved in insolvency procedures
  • Raise public awareness what it means to fail, promote culture of rescuing businesses rather than liquidating

Central Macedonia, Ile de France and the Northern and Western Region of Ireland win EER 2018 award

Especially local and regional economies profit from strong SMEs that are able to establish themselves on the European Single Market. To support regional entrepreneurship the CoR has created the European Entrepreneurial Region (EER) award that yearly identifies and rewards three EU regions which show an outstanding and innovative entrepreneurial policy strategy, irrespective of their size, wealth and competences. For this edition Central Macedonia, Ile de France and the Northern and Western Region of Ireland convinced the EER jury with their credible, forward-thinking and promising plan for the year 2018. (EER) award that yearly identifies and rewards three EU regions which show an outstanding and innovative entrepreneurial policy strategy, irrespective of their size, wealth and competences. For this edition Central Macedonia, Ile de France and the Northern and Western Region of Ireland convinced the EER jury with their credible, forward-thinking and promising plan for the year 2018.

Thanks in large part to VAT, government spending in Fourth Reich now is out of control. This stifles growth by diverting a huge share of output from the productive sector of the economy, which helps explain why living standards are 30% below American levels. Not that Americans should get cocky. Thanks to reckless fiscal policy by Presidents Bush and Obama, the burden of government spending has now climbed above 40 percent of GDP in the United States.

Vatstrucks are feeling a growing panic as they watch their constitutional republic descend into a vatmonger republic. Mahatma Gandhi’s said we should be the change we want to see. Gandhi also said that civil disobedience becomes a sacred duty when the state has become lawless and corrupt. Vatstrucks instinctively understand this which is why grassroots of resistance to VAT are leading to a Gandhi-style civil disobedience movement powerful enough to undo this monstrosity.

VAT is a trademark of slavery and a destructive power of myriad watts. VAT is the main culprit of the Fourthreichian financial meltdown. The Fourthreichian taxation is based on the VAT monstrosity against poor people! The most unfair tax is VAT, the calamity of Fourth Reich(EU); that’s why we urge all Fourthreichians to evade this tax of misery as much as possible! Fourthreichians are yoked with a 15-25% VAT, value added tax. In Canada, VAT is only 5%. The burden of VAT falls on final consumers of products. Refusing to pay the abominable VAT is a heroic act.  Vatwar is here to stay until VAT is abolished. Vatdodgers are heroes.

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