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Old 23-02-2016, 15:48   #630
Hugh
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re: [Update] The UK votes to leave the EU

Quote:
Originally Posted by ntluser View Post
They will probably increase income tax but we will also have money from not having to pay our massive contribution to the EU.

Even if the government slapped on a purchase tax of 10% it would still be cheaper than VAT and would make our goods and services more competitive.

Might also give them an incentive to reduce the cost of government.
VAT raised £105 billion in 2013/2014 - net contribution to the EU in that year was £11.3 billion.

Anyway, an "amusing" video from our UKIP friends - it's very amusing, but not in the way they meant...

https://www.youtube.com/watch?v=BBi-KXc0CRk

It's the same woman twice, but once in a blonde wig... (I love the line "They’ve taken all our fish")
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