Brexit

Moggy wrote:I wondered how the Express got their figure and so looked at the article.

The study on the costs of EU membership, by leading City analyst Bob Lyddon, strongly supports the view of Brexit campaigners that the UK should not pay the EU a big divorce bill of up to £78billion.

Mr Lyddon’s analysis takes into account the money paid directly to the EU budget each week.

The Office for National Statistics says this is £267million once the UK’s rebate is paid back to us and money spent by the EU on projects here is included.

However, he has also added £12billion a year lost to the Exchequer through legal tax avoidance schemes which result from Britain being a member of the EU.

Multinational companies such as Google and Amazon run their finances through Ireland, Holland and Luxembourg and the only way these loopholes can be closed is by the UK leaving the bloc.

Mr Lyddon has also calculated that the annual net cost of EU migrants – once the tax they pay is deducted from benefits paid out – is £30billion a year.

His figure excludes tariff payments collected by the EU from the rest of the world, which will instead go to the Treasury when Britain is out.

There are also extra payments to the EU such as the £2billion given by British taxpayers to its foreign aid budget which are not officially designated as payments to Brussels.

strawberry floating hell.

Photek wrote:

Moggy wrote:

Garth wrote:

The EU is demanding Britain accept that Northern Ireland may need to remain inside the European customs union and single market after Brexit in order to avoid “a hard border on the island of Ireland”.

The explicit mention of an “all-island” approach by Dublin and Brussels directly contradicts the UK position and will infuriate the Democratic Unionist party, on whose votes Theresa May’s government depends for a parliamentary majority at Westminster.

The European Commission on Wednesday circulated an update on negotiations, seen by the Financial Times, which concludes that the avoidance of “regulatory divergence” on the island of Ireland is “essential” to protect the peace process.

“It consequently seems essential for the UK to commit to ensuring that a hard border on the island of Ireland is avoided, including by ensuring no emergence of regulatory divergence from those rules of the internal market and the customs union,” the paper states.

The commission adds that the regulatory arrangements “are (or may be in the future) necessary for meaningful North-South co-operation, the all-island economy and the protection of the Good Friday Agreement”.

https://www.ft.com/content/9e11bdcc-c58 ... 2b2cb39656

So Northern Ireland and Grimsby get to stay?

Here's my problem with the DUP, that majority in Northern Ireland voted remain, but the DUP would be so arse pained to be in anything that is different to England that it's willingly accepting an economic down turn and it is NOT the "will of the people". If Northern Ireland stays in the EU nothing changes other than the economy not being as hard hit, what exactly is the problem?

Squinty wrote:That Express headline is strawberry floating repulsive. I'm taking this as a sign that things aren't sitting too well with the leave side. They are probably worried that the tide is turning.

Return_of_the_STAR wrote:Just been watching the bbc news and they said that after every round of talks both sides release a spreadsheet that sets out what they’ve agreed on in green and what they still haven’t agreed on in red. Has anyone seen this? I’ve tried googling but I can’t find anything about it.

Moggy wrote:

Return_of_the_STAR wrote:Just been watching the bbc news and they said that after every round of talks both sides release a spreadsheet that sets out what they’ve agreed on in green and what they still haven’t agreed on in red. Has anyone seen this? I’ve tried googling but I can’t find anything about it.

You want to see an all red spreadsheet?

I have never heard of it. Perhaps the mean released to the powers that be, not to plebs like us?

Squinty wrote:Yeah, I've seen a previous spreadsheet. I can't for the life of me think where I seen it though.

DML wrote:So many brainwashed idiots on the BBC pages, it honestly makes me cry for this country.

One look at the facts tells them how wrong they are and they are simply unwilling to look.

lex-man wrote:

Squinty wrote:Yeah, I've seen a previous spreadsheet. I can't for the life of me think where I seen it though.

I checked the EU home page and they just seem to have talk outlines and joint statements for Brexit. My guess is they don't make it public because any agreement would have to be finalised by the EU and UK parliaments.

Camp Freddie wrote:That Express analysis assumes that all multinationals post-brexit will base themselves in the UK and pay full tax on all UK income, instead of the current swindles where companies pay some sort of brand/IP/licensing fee (that just happens to equal 99% of their profits) to another branch of the company that just happens to be based in a lower-tax country.
Somehow I doubt the Tories will be closing that loophole.

Lagamorph wrote:On the other hand the Tories have been massively anti-business lately. Pretty much biting every hand except the pro Hard Brexit ones. And even then having a nibble.

Business, the elderly, the rich, the Tories have been alienating all of them this last year or so.

Camp Freddie wrote:That Express analysis assumes that all multinationals post-brexit will base themselves in the UK and pay full tax on all UK income, instead of the current swindles where companies pay some sort of brand/IP/licensing fee (that just happens to equal 99% of their profits) to another branch of the company that just happens to be based in a lower-tax country.
Somehow I doubt the Tories will be closing that loophole.

lex-man wrote:

Squinty wrote:Yeah, I've seen a previous spreadsheet. I can't for the life of me think where I seen it though.

I checked the EU home page and they just seem to have talk outlines and joint statements for Brexit. My guess is they don't make it public because any agreement would have to be finalised by the EU and UK parliaments.

I think it's these:
https://www.gov.uk/government/publicati ... ens-rights

Moggy wrote:

Lagamorph wrote:On the other hand the Tories have been massively anti-business lately. Pretty much biting every hand except the pro Hard Brexit ones. And even then having a nibble.

Business, the elderly, the rich, the Tories have been alienating all of them this last year or so.

That was cockiness before the election and panic over Corbyn after the election.

I do not expect the Tories to close many tax loopholes for the super rich if they continue to govern.

If Corbyn ever gets in, then he might close loopholes, but I don't think that'll be great for Britain either as Brexit coupled with a 98% tax rate will mean there are no businesses left here.

lex-man wrote:

Moggy wrote:

Lagamorph wrote:On the other hand the Tories have been massively anti-business lately. Pretty much biting every hand except the pro Hard Brexit ones. And even then having a nibble.

Business, the elderly, the rich, the Tories have been alienating all of them this last year or so.

That was cockiness before the election and panic over Corbyn after the election.

I do not expect the Tories to close many tax loopholes for the super rich if they continue to govern.

If Corbyn ever gets in, then he might close loopholes, but I don't think that'll be great for Britain either as Brexit coupled with a 98% tax rate will mean there are no businesses left here.

Corbyn's tax rises aren't actually that large in the grand scheme of things. Brexit will cause far more problems than his tax rises, should he get in of course.

Moggy wrote:

lex-man wrote:

Moggy wrote:

Lagamorph wrote:On the other hand the Tories have been massively anti-business lately. Pretty much biting every hand except the pro Hard Brexit ones. And even then having a nibble.

Business, the elderly, the rich, the Tories have been alienating all of them this last year or so.

That was cockiness before the election and panic over Corbyn after the election.

I do not expect the Tories to close many tax loopholes for the super rich if they continue to govern.

If Corbyn ever gets in, then he might close loopholes, but I don't think that'll be great for Britain either as Brexit coupled with a 98% tax rate will mean there are no businesses left here.

Corbyn's tax rises aren't actually that large in the grand scheme of things. Brexit will cause far more problems than his tax rises, should he get in of course.

Did you think I was serious about a 98% tax rate?