High taxes on labour make businesses minimize their number of employees. Resources, however, remain untaxed; they are used unrestrained. This system causes unemployment and scarcity of resources.
Ex’tax brings tax on resources up and tax on labour down. This creates an incentive to use materials sensibly. It also makes services more affordable and boosts manpower, craftsmanship and creativity.
Ex’tax enables a circular economy and sustainable prosperity.
Shifting taxes away from labour should be a priority for all Member States.