Unravelling the Gordian knot

One of the many "black holes" in the MSM reporting of EU affairs is the coverage of the continued drain on our finances through VAT fraud – and the attempts of the commission to plug the loopholes. These frauds are estimated to cost the taxpayers of EU member states some £40 billion (€60 billion) a year, and in 2005–06, the level of fraud increased ...

Posted on EU Referendum.