Heard an EU Commissioner this morning explaining that governments in Europe couldn't do anything to help the fishing industry by reducing their costs for buying marine diesel. They couldn't reduce the price, or the tax burden involved because "it would be providing an illegal state incentive" to the fishermen.
Which is fine. I'm all in favour of not favouring one industry over another.
But why is that "illegal" but the opposite is perfectly ok?
The EU imposes maximum catches, quotas, restrictions and taxes taxes taxes - and then allows imports from countries without those restrictions to keep prices low. Why should restrictions of trade be right, but promotion of local industries be wrong.
We live in a fucked up superstate!
Why not simply allow people to work and trade in a free way, let the market find the prices for things and let consumers choose what they buy and at what price.
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But aren't the government providing an unfair incentive to airlines by not taxing their fuel in the same way they tax every other industry's fuel? Why isnt that illegal? Oh that would be because of the corruption of course!!
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