Welcome to the Extreme Investor Network, where we delve into the latest economic trends and developments that impact your investment portfolio. Today, we’re shedding light on the establishment’s sudden interest in climate change and how it ultimately boils down to one main factor – money.
The push for climate change initiatives isn’t just about saving the planet, it’s about the establishment hunting down YOUR money through taxation. It’s also about limiting our freedom of movement by demonizing fossil fuels and restricting our ability to travel. Take for example the European Union’s latest proposal – a frequent flyer tax aimed at punishing those who fly more than once per year.
The EU has already implemented an aviation tax, but this new proposal takes it a step further. The idea is to target everyone flying from the European Economic Area (EEA) and the UK with a standard aviation tax for the first two flights per year. This tax increases with each subsequent flight, imposing additional surcharges on medium-haul, long-haul, first-class, and business flights.
Lawmakers believe that this tax could increase EU aviation tax revenue sixfold and cover a significant portion of the overall budget. Some estimates suggest that authorities could collect up to 64 BILLION euros per year. But it seems that’s never enough for those in government, as rumors swirl about potential VAT and fuel tax exemptions for aviation being lifted, further increasing the cost of flying for everyone.
At Extreme Investor Network, we believe that such measures could have far-reaching consequences on the global economy. Restricting the freedom of movement for people, trade, ideas, and goods could hinder economic growth and innovation. Ultimately, these actions driven by a thirst for power and money could push us towards a modern Dark Age.
Stay tuned to Extreme Investor Network for more insights on how economic policies and regulations can impact your investment decisions. Join us as we navigate the ever-changing landscape of the financial world with a critical eye and a focus on maximizing your returns.