Re: UK Contributions To EU Rising
Originally Posted by
Tedc
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I have to keep reminding myself that 39 Billion could be represented as 39 Thousand Million, (39,000,000,000)!
The word "Billion" seems to make it sound a lot less than it is.
So each of us, here in the UK, is required to fork up a very large chunk of our hard earned!
Well, maybe not exactly "Each of us" as there are some who pay no tax.
Hi
It is not payable as lump sum, it is spread over many years.
Around half of it is because we asked for a two year Transition Period as we where not ready to leave.
That is our own stupid fault, we could have been and should have been.
Our Politicians are very good at spending our money, rather different when it comes to spending their own.
As for the rest of it, well that is for the International Courts to decide, previous Governments signed up for it.
It is a balancing act.
We need Trade Deals and we need to borrow money every year, we are still living beyond our means.
If other Countries and the Money Markets decide we cannot be trusted to stick to agreements they will be reluctant to deal with us, which will cost us money.