Reply to: Brexit positive news thread

[AtW]

Yorkie is a leading candidate for CUK Cretin of year 2019

[NotAllThere]

Good so you agree that the extra import tariff, assuming I actually have to pay it as my contract is with a UK company and not SEAT, is a boost to the UK economy because the government will have the extra cash the import duties generate.

The UK company imports the cars from abroad. It has to pay the British government the import tariff. The UK company passes the cost on to you. So effectively, you pay the import tariff to the British government. While the government has extra money, you have less. The wealth of the country has not increased, yours has decreased.

If you think tax payers paying more tax is a good thing, then yes, import tariffs are good.

Nah. Mr Mcdonall said everything will be paid for by taxing the super rich, and making sure the likes of Starbuck, Amazon, etc. pay their fair wack.

[Yorkie62]

Yes and your tax bill will skyrocket

Nah. Mr Mcdonall said everything will be paid for by taxing the super rich, and making sure the likes of Starbuck, Amazon, etc. pay their fair wack.

[Eirikur]

Only until Jezza is in power and all infrastructure is re nationalised.

Yes and your tax bill will skyrocket

[Yorkie62]

If you believe those reductions in cost will be passed on to the customer you're very naive
And let's see who owns some of the major the energy companies in the UK
E.on - german
NPower - German
RWE - German
EDF - French
Innogy - German

Only until Jezza is in power and all infrastructure is re nationalised.

[Eirikur]

If we can ditch the EU and ditch the pointless Carbon taxes and meaningless "Global Warming" tariffs, and have cheap energy, we will be laughing.

If you believe those reductions in cost will be passed on to the customer you're very naive
And let's see who owns some of the major the energy companies in the UK
E.on - german
NPower - German
RWE - German
EDF - French
Innogy - German

[meridian]

Typical brexidiot logic.

There’s so many things wrong about this.
I’ll highlight the simplest..... Money the government has DOES NOT BOOST THE ECONOMY. Quite the opposite.

It's probably the biggest problem that I have with using GDP as the only measure of an economy. Government spending is included as one of the components, so a government following a "borrow and spend" policy will increase GDP, but does this show a good, healthy economy? If the borrowing and spending is done wisely, perhaps. But there's no distinction in GDP between spending on infrastructure to support more manufacturing and exports (for example) vs spending on white elephants and vanity projects. And the taxpayer is still left with the borrowing to pay off (including the interest).

[Yorkie62]

Typical brexidiot logic.

There’s so many things wrong about this.
I’ll highlight the simplest..... Money the government has DOES NOT BOOST THE ECONOMY. Quite the opposite.

Ah. So them roads, rail, and general transport infrastructure projects build themselves do they, as well as the NHS being self funding. On your logic if we all withhold our taxes from the government it will have less money and therefore the economy will be booming as all the government does is constrain/contract growth if it has any cash.

[Lance]

Good so you agree that the extra import tariff, assuming I actually have to pay it as my contract is with a UK company and not SEAT, is a boost to the UK economy because the government will have the extra cash the import duties generate.

Typical brexidiot logic.

There’s so many things wrong about this.
I’ll highlight the simplest..... Money the government has DOES NOT BOOST THE ECONOMY. Quite the opposite.

[meridian]

Good so you agree that the extra import tariff, assuming I actually have to pay it as my contract is with a UK company and not SEAT, is a boost to the UK economy because the government will have the extra cash the import duties generate.

On your only measure of GDP, yes.

Swings and roundabouts though - you no longer have that 10% to spend in the High Street, and the government now has it to spend on bungs to the DUP.

[Yorkie62]

Under a No Deal situation, ultimately the UK Government. It's effectively a UK import tax, set out in the UK WTO schedules - the importer pays the tariff, and the consumer (you) pays the importer. So not only have you helped to increase GDP, but you're also contributing more to help us pay for ferries and lorry parks.

Good so you agree that the extra import tariff, assuming I actually have to pay it as my contract is with a UK company and not SEAT, is a boost to the UK economy because the government will have the extra cash the import duties generate.

[meridian]

Q. Who gets the extra 10%? Assuming of course that I even have to pay an extra 10% for a car that is faster than a Porsche Macan

Under a No Deal situation, ultimately the UK Government. It's effectively a UK import tax, set out in the UK WTO schedules - the importer pays the tariff, and the consumer (you) pays the importer. So not only have you helped to increase GDP, but you're also contributing more to help us pay for ferries and lorry parks.

[Yorkie62]

Yorkie may need to pay an extra 10% for his car.

Yorkie believes that rising GDP is a valid measure of “the economy”

The first component of GDP is private consumption.

Therefore, Yorkie paying an extra 10% for his car is good for the economy.

Q. Who gets the extra 10%? Assuming of course that I even have to pay an extra 10% for a car that is faster than a Porsche Macan

[meridian]

Still nothing concrete. Come on Brexiters, isn't there anything that is demonstrably good for the economy?

Yorkie may need to pay an extra 10% for his car.

Yorkie believes that rising GDP is a valid measure of “the economy”

The first component of GDP is private consumption.

Therefore, Yorkie paying an extra 10% for his car is good for the economy.

[NotAllThere]

Still nothing concrete. Come on Brexiters, isn't there anything that is demonstrably good for the economy?