The EU
Budget for 2019 is 165.8 billion Euros or about $182 billion USD. The annual UK
EU Tax is $15 billion.
EU taxes
are based on the size of member countries’ GDP. The largest economy in the EU
is Germany.
Nominal
GDP 2019
Germany
$4.00 trillion
UK $2.83
trillion
France
$2.78 trillion
Italy
$2.0231 trillion
EU expenditures are
primarily for building projects aimed at promoting EU identity, similar to
projects build by the Soviet Union in satellite countries.
The EU obtains its revenue
from four main sources:
14.7% from Traditional own resources, comprising customs duties
on imports from outside the EU and sugar levies;
12.2% from VAT-based resources, comprising a percentage (0.3%
except Germany, Netherlands and Sweden that
apply 0.15%) of Member State's standardized value added tax (VAT)
base;
56.1% from GNI-based resources, comprising a percentage (around
0.7%) of each member state's gross national income (GNI);
and
12.4% from Other revenue, including taxes from EU staff salaries,
bank interest, fines and contributions from third countries.
EU “Total Contributions” by Country in 2007 to 2013 in billions
of Euros. The Euro is currently priced at $1.10.
Germany 144,350 Euros
France 128,839
Italy 98,475
UK 77,655
Spain 66,343
Netherlands 27,397
Belgium 22,949
Poland 22,249
Sweden 19,464
Austria 16,921
Denmark 15,246
Greece 14,454
Finland 11,995
Portugal 10,812
Ireland 9,205
Czech Republic 8,995
Romania 8,019
Hungary 5,860
Slovakia 4,016
Slovenia 2,303
Bulgaria 2,294
Lithuania 1,907
Luxembourg 1.900
Latvia 1,323
Cyprus 1,077
Latvia 1,001
Malta 0,312
Norb Leahy, Dunwoody GA Tea Party Leader
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