Originally posted by Platypus
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Previously on "Will the EU offer extension beyond 31st October?"
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Originally posted by BrilloPad View PostThe 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.
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Originally posted by Platypus View PostIndeed, 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.
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Originally posted by NotAllThere View Post€9 billion out of ~€160 billion. Total spending by the EU on the UK ~€6 billion. Yep - that's going to hurt.
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.
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Originally posted by meridian View PostBrexiters 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.
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Originally posted by Zigenare View PostIt's 9bn that the EU is going to have to find elsewhere. France and Germany will have it covered, don't worry.
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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.
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Originally posted by BrilloPad View PostAnd how many net contributors are there?
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Originally posted by meridian View PostBrexiters 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.
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Originally posted by NotAllThere View Post€9 billion out of ~€160 billion. Total spending by the EU on the UK ~€6 billion. Yep - that's going to hurt.
Cognitive reasoning is not their strong suit.
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€9 billion out of ~€160 billion. Total spending by the EU on the UK ~€6 billion. Yep - that's going to hurt.
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