3 ms·
All governments are funded by "taking it from someone else", usually in the form of taxes. Member state contributions, VAT income, and customs duties provide ov
by gman83 2y ago
All governments are funded by "taking it from someone else", usually in the form of taxes. Member state contributions, VAT income, and customs duties provide over 90% of EU funding. These fines of companies are a drop in the bucket, not the main way the EU finances itself.
- cccbbbaaa 2y agoFines were less than 1% of the revenue of the EU in 2023, to be more precise. I don't know how people here got the idea that the EU can fund itself only with such fines, to be honest.
- silent_cal 2y agoI don't dispute any of this