Thread: Tax Cuts!
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Old 25-11-2008, 22:50   #37
Royboy39
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Re: Tax Cuts!

I was always of the understanding that VAT was set by the member countries and the Gross takings paid to the EEC coffers.
Rebates were to be applied for from the central EEC fund depending on GDP and requirements of member countries.
The infrastructure of the UK was considered to be sound and most of the money was, and still is being claimed to build roads etc., for the developing countries, Spain being one of them. The roads in Spain are far superior to the roads in the UK.
Malta was given money from the fund to build roads...hey presto..that vanished.
I am anti european and maybe, only maybe the current crisis will bring with it a few home truth's about our ecomony and the way that that the EEC is funded and what will be the outcome.?
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