Wednesday, March 29, 2017

Brexit becomes a taxation exercise

9 Months since the Brexit was voted for and during this time the EU had a chance to compromise and they didn't. Whether they thought the UK would back out I don't know.
But here are the things I do know:
1. The EU leaders are trying to threaten UK but they have more to lose than we do.
2. Talking about security, which I wrote about, we actually own all of the EU top security jobs
3. UK save 10-13 bln pounds a year to help us fund the 20 bln pounds black hole (minimum).
4. UK still needs to raise taxes to pay and can blame Brexit when they needed a get out from the budget.
5. EU loses 10-13 bln pounds of funding
6. EU has to fund Greece, Italy, Spain etc
7. EU taxes have to go up
8. The EU threatening to make us Brexit for 4 years is actually not in Article 50 as it states 2 years unless UK asks and then all the EU agrees. We won't ask!
9. EU wants to charge us 50 bln pounds. This is not in article 50 which explains how a country can resign from the EU and is on an A4 sheet of paper.
10. This is all about Germany.

So all in all its a taxation issue now.

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