4 ms·
The only losers are "miserable fat Belgian bastards!" Like everyone's going to stop trading without political unity and the sky will fall in. No, absolutely, t
by steaminghacker 11y ago
The only losers are "miserable fat Belgian bastards!"
Like everyone's going to stop trading without political unity and the sky will fall in. No, absolutely, the UK needs supremacy over it's own law. If the UK doesn't vote out, it will be used as a mandate for more "in", and then they'll be fiscal union.
Get ready for EU direct taxation everyone. Income tax will rise, just like VAT did when it was handed over to the EU. VAT is now 20% and is fuelling rife vat fraud.
When you increase taxes over the point the market will bear, people find loopholes around them. The government ultimately receives less money than before. Then they can't reduce taxes, since people have made the effort to use the loopholes.
and loopholes always exist because the world is global.