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>Instead it's going into EU coffers

Lol, you know where the EU spends their money right?

https://europa.eu/european-union/topics/budget_en

6% is spent on admin.

41% is spent on agricultural subsidies and research (e.g. making sure we don't all starve in the future).

46% is spent on development, about 2/3 on helping underdeveloped areas of europe, and 1/3 on helping business growth.

On research alone, $10bn is spent on Horizon 2020, which is one of the pure research funding projects.



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