Increased costs to be paid for by our friends and nabours in the EU to fund the federal USE magic money tree.
New sources of revenue to ease the burden on Member States
To help repay the borrowing, new own resources will be introduced to complement Member States' contributions to the EU budget.
These would better align the sources of revenue to the EU budget with the EU priorities and objectives. They include tackling climate change and ensuring fair taxation in an increasingly digital economy.
The first new own resource, already as of 1 January 2021, will be a new contribution based on non-recycled plastic packaging waste. Further new sources of revenue could include a new own resource based on a carbon border adjustment mechanism, a digital levy, and the EU Emission Trading System.
The Commission also committed to propose other new own resources, based on the Financial Transaction Tax and a financial contribution linked to the corporate sector or a new common corporate tax base, by June 2024.
https://ec.europa.eu/info/strategy/eu-budget/long-term-eu-budget/2021-2027/whats-new_en
https://ec.europa.eu/info/strategy/...2027/revenue/potential-new-sources-revenue_en