tiny lemmy 

EU considers tobacco levy to increase next budget, German document reveals

c/europe · u/Davriellelouna@lemmy.world · 33 points

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Comments

u/geissi@feddit.org · 3 points

These funds are not for sovereign govervments but for the EU itself.

As the article quotes:

“New sources of own resources may also be explored, such as levies on electronic waste or tobacco,” the document reads.

'Own resources' refer to the primary sources of revenue that fund the EU’s annual budget.

u/konki@lemmy.one · 2 points

Sovereign govervments shouldn't need to levy anything to be able to "fund" themselves, but this is what you get when you surrender your monetary sovereignty.