The conventional account of the Eurozone crisis is one of reckless bankers lending to households and governments far beyond their ability to face those debts.
A tax on turnover would tax profitable and loss-making firms equally, potentially posing an insurmountable hurdle to struggling firms, and eliminating the tax benefit of normally beneficial capital expenditure.
The new Tobacco Products Directive (TPD2) dramatically tightens regulation of cigarettes, rolling tobacco and e-cigarettes. Yet, it is unclear that it will lead to improved health outcomes.
Corporate taxation continues to slow down economic recovery in France despite the CICE, a tax credit meant to encourage competitiveness and employment.
The Greek crisis has cost taxpayers across Europe hundreds of billions of euros, compounded a huge recession which has plunged the country into vast unemployment and strangled the Greek private sector by burdening it with incredible amounts of taxation.