Less tax than Europe. However I've never met somebody who said they dont want to work hard and make more money because they will be taxed more.. I'm surprised you would know anybody like that
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In the latest episode of the United Hour Podcast, Nik (@Rood) is joined by CEO Duncan Drasdo and Financial Director Andy Green from the Manchester United Supporters Trust for a special episode on all things behind the scenes at Old Trafford including a brief history of MUST and their aims today, views on INEOS and Sir Jim Ratcliffe so far, and the Old Trafford regeneration.
Less tax than Europe. However I've never met somebody who said they dont want to work hard and make more money because they will be taxed more.. I'm surprised you would know anybody like that
Lots of gnashing of teeth by brexiteers at news that Mark Carney will stay till 2020.
Because they don’t really exist. I’ve come across people who would rather be on the dole than do a job at McDonalds, but a lot of jobs like at the latter will be heavily impacted by automation.
If Trump wasn't president, we'd be the laughing stock of the western world.
Sorry to break this to you but...
Didn't Moggy recently say it would take 50 years before the benefits would be seen.
They're getting desperate, they're worried their plan won't work and will say anything to keep the gullibles onside. Be prepared for even more outrageous nonsense over the coming months.
You mean the same USA that has no free healthcare and completely inadequate social welfare?
It's funny how the countries with the highest tax bands (Nordics, Nethlands, Denmark) are constantly ranked as the happiest in the world, isn't it? A really weird coincidence.
It was a bizarre post. I can just imagine the Yanks dying in their homes cause they can't even afford to see a consultant, scoffing at out healthcare and how much tax we pay.
https://www.nytimes.com/reuters/2018/09/11/world/europe/11reuters-britain-eu-jaguar.html
Ralf Speth CEO of JLR
Ralf Speth CEO of JLR
I haven't yet found an answer to any of them that makes sense.
Here's their full guide - I'll read it later
https://www.economistsforfreetrade....rade-Deal-The-Complete-Guide-Final-Upload.pdf
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Very clever though, wording the question so the answer, however wank, is === truthy. Will foreign investment in the UK inevitably go down. No, I mean it's incredibly likely it will as the UK is a less attractive destination, but it's no inevitable.
"Now that is scientific fact. There's no real evidence for it, but it is scientific fact."
Depends if you think it should be ‘free’ - even Canada that has ‘free’ healthcare has far more strict measures for it.
Bolded part is so subjective.
Quality control
Feck it, let’s go a step further and increase taxes on people that actually work hard so those other folks get vacations funded for them, you know, to make sure they don’t feel left out, are well rested, and have good mental health too...
Paul, if I tell you that they don't understand "Most favoured country", what do you say?
Edit: That information answers all the questions that everyone might have.
I've had a quick read through it, there are some really frightening things in there, either they have no idea what they're doing or deliberately trying to fool every body and if anyone questions them they say it's Project Fear.
There are so many points to dispute.
One thing I do get the impression of though, is that they think the current negotiations between the EU and the UK are about a trade deal and not about the UK leaving the EU.
Yeah, it's difficult to know if it's done on purpose or if they genuinely don't understand some subjects.
I thought you could do better than a strawman.
Right, Paz, yeah, you're really comparing Canada's and the US healthcare systems in a serious manner. Ok.
If the UK had a strong press that wasn't pro-Brexit , or a strong opposition that wasn't pro-Brexit or even a strong Prime Minister or anyone of stature with any strength of mind that wasn't pro-Brexit this would be a brilliant opportunity to destroy the Brexiteers fantasy world, they've laid an opportunity on a plate for their lies and deceit to be revealed but it won't happen.
Why would you ever think that?
I didn't say that. Was just simply stating facts.
They forgot No. 29)
Will it be harder to marry your European partner?
Yes, but there will be 72 virgins for everybody.
Even Hammond admits the Economists for Free Trade Guide is a load of tripe:
His reaction
His model makes no allowance for differences in quality [and] safety of imported goods, nor does it make any allowance for distance-related transport costs. And it assumes that all standards imposed on imported goods will be abolished.
He assumes that there are no additional non-tariff barriers to trade between the UK and the EU in a no deal scenario, which is frankly not plausible.
And then for financial service, he assumes that an equivalence arrangement delivering a similar affect to passporting will exist between the UK and the EU in a no deal scenari, notwithstanding the fact that we have heard very loud and clear noises to the contrary from some of our near European neighbours who have other aspirations about our financial services industry.
So I’m afraid I find I’m sure his model is very effective. But the assumptions that he makes are wildly out of line with assumptions that are used by other economic models and frankly I believe are not sustainable.
His reaction
- The report was launched by Prof Patrick Minford this morning.Asked for his reaction, Hammond replied:
His model makes no allowance for differences in quality [and] safety of imported goods, nor does it make any allowance for distance-related transport costs. And it assumes that all standards imposed on imported goods will be abolished.
He assumes that there are no additional non-tariff barriers to trade between the UK and the EU in a no deal scenario, which is frankly not plausible.
And then for financial service, he assumes that an equivalence arrangement delivering a similar affect to passporting will exist between the UK and the EU in a no deal scenari, notwithstanding the fact that we have heard very loud and clear noises to the contrary from some of our near European neighbours who have other aspirations about our financial services industry.
So I’m afraid I find I’m sure his model is very effective. But the assumptions that he makes are wildly out of line with assumptions that are used by other economic models and frankly I believe are not sustainable.
His model also made the assumption that we could import food at bargain basement prices and our farmers will continue as normal.
If I was a student under Minford, I would change my course so I don't have to be taught by an imbecile.
If I was a student under Minford, I would change my course so I don't have to be taught by an imbecile.
There are so many errors/lies, already around a hundred with a quick look ,throughout that document. A few favourites:
In other words, if we were to impose existing CET tariffs against the EU, HM Treasury would gain a bonus in tariff revenue but, importantly, the tariffs would make no other difference to our Brexit economic gains. This scenario would be extremely difficult for the EU: a £13 billion UK tariff burden would fall on EU exporters, while it would be EU importers who would have to pay the EU Commission its £5 billion in EU tariffs`
Spot the error/lie. This has to be a joke.
It is quite likely that we will liberalise our standards to modernise our economy post-Brexit. As such, exporters to the UK will probably not need to change much, if at all, as more varieties of products are deemed acceptable, subject to reasonable safety standards and the like.
then
For these reasons, Armageddon type predictions that the EU would freeze out UK goods by refusing to recognise them as complying with EU standards in breach of WTO rules and in a worse way than it treats any other non-EU country are simply not realistic
Ermm, say that again but not in gibberish. You're saying anybody can ship any old crap to the UK and as a bonus there'll be no tariffs.
And, in the medium-term, the devaluation of the pound would enhance competitiveness.
So there will be devaluation and not short-term but now medium-term.
Forgot to mention the UK imports more than it exports so what about this financial hit.
And there's more...
In other words, if we were to impose existing CET tariffs against the EU, HM Treasury would gain a bonus in tariff revenue but, importantly, the tariffs would make no other difference to our Brexit economic gains. This scenario would be extremely difficult for the EU: a £13 billion UK tariff burden would fall on EU exporters, while it would be EU importers who would have to pay the EU Commission its £5 billion in EU tariffs`
Spot the error/lie. This has to be a joke.
It is quite likely that we will liberalise our standards to modernise our economy post-Brexit. As such, exporters to the UK will probably not need to change much, if at all, as more varieties of products are deemed acceptable, subject to reasonable safety standards and the like.
then
For these reasons, Armageddon type predictions that the EU would freeze out UK goods by refusing to recognise them as complying with EU standards in breach of WTO rules and in a worse way than it treats any other non-EU country are simply not realistic
Ermm, say that again but not in gibberish. You're saying anybody can ship any old crap to the UK and as a bonus there'll be no tariffs.
And, in the medium-term, the devaluation of the pound would enhance competitiveness.
So there will be devaluation and not short-term but now medium-term.
Forgot to mention the UK imports more than it exports so what about this financial hit.
And there's more...
One of them should grade the paper and put it on his desk.
Also, when did "World Trade Deal" become a thing? There is nothing like that. Sophisticated way of using language to butter the public up to something we wouldn't even qualify for, for months after we crash out.
It's this brilliant idea, the UK charges no tariffs on any goods from any country. Then the UK says to country 'X' - can we have a FTA please.
Country 'X' says why do we need a FTA, there are no tariffs on the goods we export to you.
UK says to Country 'X' , Yeah but no but yeah but no but you charge tariffs on our goods we export to you.
Country 'X' says "Tough shit."
Raab is like a school kid getting told of by the head master.
unilaterally abolishing all tariffs would benefit any country. That's not even really debatable from an economic perspective. Non-tariff barriers are something completely different so.
Talking to a Trump voter - he was ok with slightly higher taxes on himself and much higher taxes on rich people if he could get free healthcare. The conversation was him laughing at UK tax rates and then me explaining how the NHS works; he seemed to buy it.
I can ship to the UK all the cheddar the UK can eat at half the price it can be produced in the UK, debate. Cheddar is not a protected name and can be produced anywhere.
Hope this benefits the British cheddar producers.
Ideological Brexiteers cling to Minford on the economic consequences of no deal in the same way anti-semites used to rely on David Irving for WWII history. In other words, you can’t totally discount what we say, no matter how contrary to the evidence, because one lone nutter draped in some form of academic respectability supports our arguments.
No British name will be protected post-Brexit, with it being an evil EU law. Never liked stilton anyway tbf.
If Mogg and his mates have their way, nothing will be protected in the UK.