European lobbyists off the starting blocks in new tax race

BRUSSELS (Reuters) - The European Union's pitch for more taxes to repay coronavirus stimulus spending made corporate hackles raise, with lobbyists saying that new burdens would risk undercutting economic recovery from the pandemic. The EU's executive proposed new taxes to repay an unprecedented 750 billion euros of debt it would raise to channel the money to the 27 member states to help kickstart their battered economies.The possible new levies - if agreed at all - could include a digital tax,..