Wisbech Save The Children. Connecting...
Quizzes & Puzzles0 min ago
Millionaires are flocking to leave the UK and take their businesses with them. Fuel tax is forecast to rise, Inheritance Tax changes are forecast and Starmer is cosying up to the EU.
Welcome to 5 years in Hell!!!
gramps65; you asked Gulliver how Brexit has worsened your life.
Let me explain, Brexit has directly resulted in a loss of £40 billion in tax revenue to the UK exchequer, almost double the black-hole the Tories left, that the Labour government is having to deal with (by raising taxes).
If you care to read many of my posts on Brexit, you will discover a multitude of disasters that have befallen the UK because of Brexit – take your pick.
But being fair to both Brexiteers and those who voted remain, I have also posted the benefits of Brexit – I don’t believe anyone else has done this on AB.
Rather than having to trawl through my posts for the Brexit benefits, here they are:-
- Blue passports
- The Crown Mark on pub glasses
- Being able to buy champagne in pint bottles, rather than 750ml (1.3 pints)
- Mobile phone companies able to make roaming charges
(when using your phone in mainland Europe)
- Killing our honey-bees with EU banned pesticides
- Not having to insure ride-on lawnmowers (and other self-powered vehicles) used on private land
- Signage within Dartford tunnel spaced at yardage distances (in round numbers)
- The freedom to release as much raw sewage as we like into our rivers and coastal waters (and doing so), without fear of being prosecuted by the European Commission
- Un-capped bonuses permitted to be paid to our bankers
- Not having to declare millions of pounds you have in secret off-shore tax havens
- Shellfish beds found In the Thames estuary
This doesn't surprise me in the slighest and if I were super-rich I'd do the same.
Macron punished the rich with a 70% envy tax and there was an exodus.
The same happened in the 70s when Labour (proper Labour) were last in Government. I can remember reading Michael Caines autobiography and when the rich were punished in the 70s and he moved his money out.
John Caulfield, of Phones 4U, said a few years ago he had paid over £300m in tax in one year, and that if an envy tax came in he'd move his money away. How many 'normal' people's tax would it take to fill a £300m black hole from one person leaving.
All sensible people know punishing the rich actually reduces the tax income, so I struggle to see why Labour don't get it (actually, they do get it, but it plays out well to their supporters that the rich are being punished, but their supporters are just too thick to get it and that is what Labour rely on).
It's so patently obvious that I genuinely worry that people don't get it.