EU lawmakers want a tax on digital giants to pay for the bloc's long-term budget

EU lawmakers want a tax on digital giants to pay for the bloc's long-term budget

The European Parliament on Tuesday threw its weight behind a more ambitious and bigger long-term EU budget, demanding new taxes to ramp up future spending.

The EU executive last year proposed a nearly two-trillion-euro ($2.3-trillion) long-term budget bazooka for 2028-2034 that includes paying off the bloc's coronavirus-related debt.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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