At what point in the year does a typical taxpayer keep his earnings and stop paying the state – his “tax liberation day”? The only EU-wide study using consistent methodology calculates how long people have to work in 27 EU member countries in 2013 before they can keep their earnings and stop paying the state.
Baroness Thatcher was Patron of New Direction - The Foundation for European Reform. Geoffrey Van Orden MEP, President of the Foundation, paid this tribute to her:
"We are deeply saddened at the news of Baroness Thatcher's death. New Direction was enormously honoured to have had Baroness Thatcher as its Patron. Our founding principles very much reflected the values and ideals that she cherished. These could be summed up in the words freedom, security and prosperity.
“Margaret Thatcher saved Britain and through her firm leadership and resolve was instrumental in the liberation of central Europe from communism.
Brussels, 7 February 2013 – The budget of the European Union could function at half of the proposed cost to EU taxpayers while boosting economic growth, according to a new report, 50:50 for 2020, published in Brussels today.
As European leaders gather in Brussels for a second attempt at agreeing the block’s budget for the next seven years, the report’s author, Lithuanian economist Kaetana Leontjeva, says the EU’s proposals – that include €1.025tn of spending and retaining harmful tariffs and subsidy programmes such as the Common Agricultural and Fisheries policies - have failed to respond adequately to the economic crisis.
Brussels, 24 January 2013 - Europe faces a decade or more of economic stagnation, with high unemployment and social unrest if it keeps the euro in its current form, according to a group of leading European economists.
Launching its ‘European Solidarity Manifesto’ in Brussels, the eight experts from France, Germany, Poland, Denmark and Italy called for the Eurozone to be split into two, with Germany leaving to form a new currency zone with four other northern countries.
Brussels, 22 January 2013 – New taxes on financial transactions, which today received a green light from EU ministers, will harm Europe’s economies rather than help to boost their competitiveness, according to a Brussels think tank.
“This is a step backwards,” said Tom Miers, Director of New Direction, “these taxes will do nothing to reduce trading risk and will simply drive business elsewhere. We can only hope that the countries that have signed up to this see sense and refrain from imposing them. At least only a minority of EU countries have gone down this route.”
The purpose of this research report is to discuss the relationship that the European Union has with the International Telecommunications Union. History teaches us that the relationship has been rocky, but generally one of benign cooperation.
Brussels, 8 January 2013 – Brussels based Think Tank New Direction – The Foundation for European Refore has appointed Tom Miers as its new Director.
New Direction was founded in 2010 to campaign for free enterprise, small government, individual freedom and EU reform. Tom Miers brings a wealth of experience to the role after a career in business and public policy. After establishing and running research institutes in London and Edinburgh, he ran a consultancy offering strategic advice, economic research and policy development. He has also written a number of books and is a regular media columnist.
Brussels, 7 November 2012 – The plan to impose tax on financial transactions among 11 EU member states is a dangerous move that might harm Europe’s economies rather than help to boost their competitiveness.
At what point in the year does a typical taxpayer keep his earnings and stop paying the state – his “tax liberation day”? The only EU-wide study using consistent methodology calculates how long people have to work in 27 EU member countries in 2012 before they can keep their earnings and stop paying the state. It is published today on the Irish Tax Liberation Day today. British taxpayers have their Tax Liberation Day tomorrow on 12 May. Maltese and Cypriots have already stopped paying into their state’s coffers. Belgians maintain their record of being the worst afflicted and have to wait until 5 August.
New study: The European Parliament’s budget can be reduced by 24% annually. The cut would save nearly half a billion euros. The main increase of costs is due to the massive inflation of bureaucracy. Brussels, 12 October 2011 – While nearly all national governments have implemented austerity measures to reduce debt and promote growth, the European Parliament is asking to increase its own budget. A study published today by New Direction – The Foundation for European Reform demonstrates that the parliament’s budget can be substantially decreased.