1. A new carbon tax affecting cars and buildings (e.g. heating)
  2. A new carbon tax on imports from countries with “weaker CO2 emissions standards”.
  3. A new tax on profits of multinational companies.

Source: EU proposes 3 new taxes to repay COVID-19 recovery fund borrowing | Reuters

Have been expecting this – spend first, pay later meant future tax hikes, and suspected this would be used as an excuse for carbon taxes.

By EdwardM

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