Quote:
Originally Posted by denphone
He say householders will be £4.300 worse off a year but like many of his other figures he seems to pluck figures out from nowhere so l wonder what the Brexit side will counter with now as they will probably come out with some pie in the sky claims as well one suspects.
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No need to misquote unless you have to. He actually said GDP could potentially fall by 6.2% which would mean the Government would lose £36bn in tax receipts - the
equivalent of £4,300 per household (or 8p in the basic rate of Income Tax or 7p VAT).
That would be based on the Canada model that some people are advocating. As I mentioned in an earlier post (before George Osbourne) that would be because under this model we would not be able to trade services with EU.
If this is wrong, please tell me why - rather than just saying he is talking rubbish please explain why this is.