“Angela Merkel used to say that “the European Union is about 5% of the world’s population, about 25% of its GDP, and about 50% of global welfare spending.”
The real data is more concerning.
The European Union is:
- 7.2% of the World Population.
- 23.8% of the World’s GDP.
- 58% of the World’s Welfare Spending.
Something has to give.
The EU average tax burden on workers is 44.9%. The average worker in the EU spends half a year working for the tax man.
Taxation accounts for 41% of the euro area GDP.”
Millions of illiterate, unemployable invaders are unlikely to help. Full article: