BBC News: Reports on a new idea out of EU, that they should have tax raising powers. This can not be allowed to happen, the Coalition Government in its agreement agreed that any new powers for EU would have to be approved by Referendum. The Conservative Party would never wear giving more powers to the EU, the Lib Dems might want to be run by EU but they are low in the polls and can not afford this kind of political landmine. It can be postulated that the UK will kill this idea, otherwise the idea will kill the UK Coalition.
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