Originally Posted by
swimfeeders
->
Hi
I have to disagree.
My reasons for doing so are as follows.
The bulk of our exports to the EU are services.
These are not covered by WTO Rules.
The EU have already said we will lose passporting to these services, their win, our lose.
It means a very substantial loss in terms of Taxation here in the UK.
Secondly, the they export more to us then we do to them so it will hurt them more argument.
That is deeply flawed,
The EU is much bigger than the UK, in terms of GDP, which is the way these things are calculated, tariffs will hit our Economy 4 times harder than it will hit the EU Economy.
Thirdly
Our stupid successive Governments have sold off our stakes in Industry to artificially keep taxation down.
Germany and France haven't.
Nissan and Vauxhall are effectively controlled by the French Government.
Airbus, a very profitable company, we sold our share in it, it is a major employer here, now owned by EU Countries, they can just transfer production there.
Simple, stupid mistakes, worse then Gordon Brown selling our Gold Reserves.
Last, but by no means least is this.
The EU Countries provide fantastic amounts of support to their Exporters, we do not.
An example, food exports.
The EU Exporters are covered by Internationally Acceptable Certificates, fully compliant with WTO Rules.
The UK does not provide these free of charge, so when we leave our food producers will have to pay for them.
What does that mean?
Well in terms of one local business, which exports cheese and butter to the EU, it means additional charges of £1.9 million a year.
Enough for the owner to say sod that for a game of marbles, so 360 people more on the dole.