Britains contributions to the EU are capped. So whatever share of extra taxes the EU might have got under the normal rules, we immediately get 2/3 of it back.
Unfortunately this also means that if, say, the EU were to make a special payment of 1 billion pounds to british farmers affected by BSE, 2/3 of this would immediately be deducted from the rebate which Britain would otherwise have recieved. This is why the British government makes life difficult for anyone applying for EU grants.
Income tax is just as much a tax on industry as is fuel tax. It may say you are earning 30,000 a year on your pay slips but what it says on your bank statement is how much of that money actually gets to you. When you ask for a rise next year you will be thinking about how much money you really get. Then your boss gets to pay your increased tax bill.
If everyone agrees to make the switch to higher fuel taxes and lower income tax, then there can not be any 'unfair' competition from other EU countries. That is what tax harmonisation is about. Getting rid of unfair competition from abroad. Great idea, eh?
25 million households owing 50,000 pound each? 1250 billion pounds? Net contribution is only about 2 billion a year. Hard to see how it could pay off all that debt.
House prices have little to do with people investing in buy to let. At the end of the day you will earn nothing from a house unless someone is living in it. You can only get a premium rent because there are lots of people out there who need a house and are willing to pay so much rent because there is a housing SHORTAGE.
Councils are renting private properties because they are FORBIDDEN from building their own.
It may be that average family size is 1.8 children instead of 8.1 in times past but it is no longer acceptable for the whole family including grandparents to all sleep in the same room. So instead of 1 small house for 6 adults and 8 children we now need 3 large houses.
Unfortunately this also means that if, say, the EU were to make a special payment of 1 billion pounds to british farmers affected by BSE, 2/3 of this would immediately be deducted from the rebate which Britain would otherwise have recieved. This is why the British government makes life difficult for anyone applying for EU grants.
Income tax is just as much a tax on industry as is fuel tax. It may say you are earning 30,000 a year on your pay slips but what it says on your bank statement is how much of that money actually gets to you. When you ask for a rise next year you will be thinking about how much money you really get. Then your boss gets to pay your increased tax bill.
If everyone agrees to make the switch to higher fuel taxes and lower income tax, then there can not be any 'unfair' competition from other EU countries. That is what tax harmonisation is about. Getting rid of unfair competition from abroad. Great idea, eh?
25 million households owing 50,000 pound each? 1250 billion pounds? Net contribution is only about 2 billion a year. Hard to see how it could pay off all that debt.
House prices have little to do with people investing in buy to let. At the end of the day you will earn nothing from a house unless someone is living in it. You can only get a premium rent because there are lots of people out there who need a house and are willing to pay so much rent because there is a housing SHORTAGE.
Councils are renting private properties because they are FORBIDDEN from building their own.
It may be that average family size is 1.8 children instead of 8.1 in times past but it is no longer acceptable for the whole family including grandparents to all sleep in the same room. So instead of 1 small house for 6 adults and 8 children we now need 3 large houses.
