Reply to: Will the EU offer extension beyond 31st October?

[CryingSheep]

Indeed, but looking at where the 160bn (total gross revenue) comes from, 17bn is from VAT and tariffs, some of that can be attributed to the UK too (3bn from VAT)

Furthermore, included in the 160bn is the UK's gross GNI contribution, 15bn, so saying that 9bn of 160bn is "peanuts" is comparing apples with oranges.

Indeed you might say that the total GNI gross contributions are 101bn of which UK is 15bn and 15% is not trivial. But that "calculation" is as flawed as "9bn is nothing of 160bn".

Net contribution is really the only way to compare, and the UK is 2nd, and that loss will hurt. If the French, Germans and Italians are willing to cover the gap, great, so they don't care if the UK is a member of the EU, so let us go.

What do you mean 'let us go'!? Last time I checked was the British government that couldn't agree on a deal or in the terms they want to leave!?

[DimPrawn]

The UK has always been a pain. But pays handsomely. The EU will not want to lose that money. Even if Germany would happily fill the gap.

https://www.bloomberg.com/news/artic...engine-falters

[original PM]

Indeed, but looking at where the 160bn (total gross revenue) comes from, 17bn is from VAT and tariffs, some of that can be attributed to the UK too (3bn from VAT)

Furthermore, included in the 160bn is the UK's gross GNI contribution, 15bn, so saying that 9bn of 160bn is "peanuts" is comparing apples with oranges.

Indeed you might say that the total GNI gross contributions are 101bn of which UK is 15bn and 15% is not trivial. But that "calculation" is as flawed as "9bn is nothing of 160bn".

Net contribution is really the only way to compare, and the UK is 2nd, and that loss will hurt. If the French, Germans and Italians are willing to cover the gap, great, so they don't care if the UK is a member of the EU, so let us go.

But we knew that would not happen - because we all know that those in power in Brussels have the same motive - the continuation of the EU at all costs - and that will definitely mean they have to ensure that the UK suffers to deter others from thinking of anything other than 1 single european parliament.

[Mordac]

You think the UK will leave the EU by then?

No, I now don't think we will, but at least the bar-bill is about to be slashed...

[Platypus]

€9 billion out of ~€160 billion. Total spending by the EU on the UK ~€6 billion. Yep - that's going to hurt.

Indeed, but looking at where the 160bn (total gross revenue) comes from, 17bn is from VAT and tariffs, some of that can be attributed to the UK too (3bn from VAT)

Furthermore, included in the 160bn is the UK's gross GNI contribution, 15bn, so saying that 9bn of 160bn is "peanuts" is comparing apples with oranges.

Indeed you might say that the total GNI gross contributions are 101bn of which UK is 15bn and 15% is not trivial. But that "calculation" is as flawed as "9bn is nothing of 160bn".

Net contribution is really the only way to compare, and the UK is 2nd, and that loss will hurt. If the French, Germans and Italians are willing to cover the gap, great, so they don't care if the UK is a member of the EU, so let us go.

[BrilloPad]

Technically it's the bar bill. But I understand that will be drastically reduced by next month...

You think the UK will leave the EU by then?

[Mordac]

The £9bn is the admin fee. You've not quite grasped this, have you?

Technically it's the bar bill. But I understand that will be drastically reduced by next month...

[Zigenare]

Brexiters like to have it both ways - we both “send £9bn to the EU so there’s a big hole in their finances”, and “all they do is take an admin fee off the top and send our own money back to us”.

Cognitive reasoning is not their strong suit.

The £9bn is the admin fee. You've not quite grasped this, have you?

[shaunbhoy]

in case Lib Dem and Lab form a coalition government

[CryingSheep]

It's 9bn that the EU is going to have to find elsewhere. France and Germany will have it covered, don't worry.

I'm pretty sure the amount of extra taxation UK will suffer to trade with the EU will more than make up for it... Don't worry!

[zerosum]

We've also spaffed £66bn up the wall (as of April) trying to deliver the vanity project, crashed the pound, etc.

Another 7 years' membership would have been an absolute bargain by comparison.

[MasterBait]

And how many net contributors are there?

EU budget: Who pays most in and who gets most back? - BBC News

[BrilloPad]

Brexiters like to have it both ways - we both “send £9bn to the EU so there’s a big hole in their finances”, and “all they do is take an admin fee off the top and send our own money back to us”.

Cognitive reasoning is not their strong suit.

And how many net contributors are there?

[meridian]

€9 billion out of ~€160 billion. Total spending by the EU on the UK ~€6 billion. Yep - that's going to hurt.

Brexiters like to have it both ways - we both “send £9bn to the EU so there’s a big hole in their finances”, and “all they do is take an admin fee off the top and send our own money back to us”.

Cognitive reasoning is not their strong suit.

[NotAllThere]

€9 billion out of ~€160 billion. Total spending by the EU on the UK ~€6 billion. Yep - that's going to hurt.