But the so-called frugal countries see this idea as a slippery slope towards the creation of a “tax union” where the commission definitively takes debt in the name of its 27 members.
The EU budget commissioner rejected this option during his hearing with EU legislators in November.
Instead, he suggested introducing taxes to the EU scale to reimburse the post-comfortable debt of the block.
In 2021, the Commission proposed new functions on national and foreign carbon emissions and on the profits of multinationals; Together, the measures should generate 36 billion euros per year from 2028.
But national governments have opposed the idea on the grounds that income is already taken at the national level.
In its document, Spain supports new taxes on the EU scale which “does not harm existing income from the Member States” but rather increase the size of the EU budget.
To allow even more expenses, Madrid suggested using part of the 422 billion euros held by the European stability mechanism, the Euro zone bailout fund, to combat the economic benefits of the Russian invasion of Ukraine.
“As the war of assault of the pandemic and Russia against Ukraine shows, which constitutes a threat to stability is not confined in the financial field but also present in the real economy,” wrote The Spanish government.
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