Wednesday, November 4, 2009

Taxes to be hoisted and should the UK stay in EU

The Conservatives say that the EU Lisbon Treaty (a.k.a Constitution) is bad for Britain. Well of course it is, as Britain has the huge potential for Europe, to raise money and here is the reason why - Taxes!
Most of the main countries in the EU have a tax cost of 50% for salaried people and the UK starts at 20%, with a maximum of 50% for high earners at Stg +150K p.a.
So the potential here is tax hikes for most of UK earners to 50%.
VAT will rise to 20%
This will bring in billions of pounds for the EU to give away, to the useless countries that joined for handouts, as well as the EU MP's, that rip us off in Brussels, with their misuse of expenses and nepitism.
The Conservatives say, that they cannot hold a ballot now, because we will be the only country to say 'NO' and therefore, it won't stand, especially as we have lost the possibility of 40 veto issues (Margaret Thatcher must be livid!).

Here is a thought - what about if the UK voter can have a vote on whether to stay in the EU??

Now that is thought provoking and practical.

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