Re: Boris to face Trial
I see the cockroaches are crawling out from under to try and dirty the name of Boris Johnson! Marcus Ball a campaigner for Remain, crowdfunded £200,000 to take out a private prosecution for misconduct in public office after the Leave campaign used the slogan of £350m a week to the EU.
What I fail to understand is why? I’m sure someone will correct me if I am wrong but we do indeed send £350m a week to the EU dictatorship.
But it seems the cockroaches are stating that he did not take into account the rebate, a net figure of £10.84m, dividing this by 52 we come to a figure of just under £209m a week or if you prefer - £30 million a day!
We can say that Boris should have made it clearer that the gross figure is indeed equivalent to £350m or on a net basis £209 million.
Yet surely the gross figure is the most important as it quantifies resources made by the UK to Brussels without ever knowing exactly how much we are going to get back. Agricultural subsidies in any one year will always depend on a range of factors and the way in which they are calculated are always subject to change.
In fact, the £350 million a week may even be an underestimate!!
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Not everyone knows that there are so many anomalies in the VAT system used by the EU. Apparently, Trans-national VAT calculations are a nightmare for being complex.
One example - A French tour operator organising a trip to London can reclaim the VAT incurred on hotel expenses. But a British tour operator organising a trip to Paris is not allowed to reclaim VAT on French hotel expenses under French tax law. So UK businesses are disadvantaged, then reduced profits will feed through in terms of lower corporation taxes received by the UK government
Another way of looking at it - take the figures In 2015, the UK government collected £4.27 billion in VAT and duties. The UK was allowed to keep 25 percent of this as an “administration charge”, but was obliged to pay over the remainder - some £3.2 billion. This 3.2 billion is tax that would otherwise have accrued to the UK Treasury.
Add this 3.2 billion of taxes paid to Brussels in total payments to the EU, less the receipts, then Boris’s figure increases to £413 million per week gross or £270 million net.
So as far as I am concerned, Boris IS guilty -
of UNDERESTIMATING the cost of the EU!!
So go ahead and counter-sue the cockroaches, Boris.