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"It has been neutral so far. We have had advantages and disadvantages. But there are more advantages to be had." Pass the spliff | |||
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"It has been neutral so far. We have had advantages and disadvantages. But there are more advantages to be had. Pass the spliff " Our goods exports went down but our service economy boomed after Brexit. We now have better control over the economy. Things like dropping VAT for electricity bills would have been impossible under the EU. | |||
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"It has been neutral so far. We have had advantages and disadvantages. But there are more advantages to be had. Pass the spliff Our goods exports went down but our service economy boomed after Brexit. We now have better control over the economy. Things like dropping VAT for electricity bills would have been impossible under the EU." Your assertion that VAT being dropped under the EU is wrong. This can happen and has happened in the past. The Irish Govt reduced VAT on gas and electricity for a period in May 2022 during cost of living crisis. Here we have a Brexiteer trumpeting the benefit of Brexit and illustrating incorrectly a comparison to EU situation. Same disinfornation being trotted out after 10 years | |||
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"It has been neutral so far. We have had advantages and disadvantages. But there are more advantages to be had. Pass the spliff " You'll find that that spliff has been totally worn out. | |||
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"Things like dropping VAT for electricity bills would have been impossible under the EU." "Your assertion that VAT being dropped under the EU is wrong. This can happen and has happened in the past. The Irish Govt reduced VAT on gas and electricity for a period in May 2022 during cost of living crisis. Here we have a Brexiteer trumpeting the benefit of Brexit and illustrating incorrectly a comparison to EU situation. Same disinfornation being trotted out after 10 years" The EU mandates a minimum level of 15% VAT on energy supplies, with an exemption down to 5% to combat unaffordability. Ireland dropped its rate down to 9% as a "temporary" measure, which is within the EU rules. Burnham's proposal is to drop VAT on energy to 0%, which is against EU rules. The poster above is correct in saying that Burnham's proposal would not be possible if we were still in the EU. | |||
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"Things like dropping VAT for electricity bills would have been impossible under the EU. Your assertion that VAT being dropped under the EU is wrong. This can happen and has happened in the past. The Irish Govt reduced VAT on gas and electricity for a period in May 2022 during cost of living crisis. Here we have a Brexiteer trumpeting the benefit of Brexit and illustrating incorrectly a comparison to EU situation. Same disinfornation being trotted out after 10 years The EU mandates a minimum level of 15% VAT on energy supplies, with an exemption down to 5% to combat unaffordability. Ireland dropped its rate down to 9% as a "temporary" measure, which is within the EU rules. Burnham's proposal is to drop VAT on energy to 0%, which is against EU rules. The poster above is correct in saying that Burnham's proposal would not be possible if we were still in the EU." I believe this is the same for sanatry products | |||
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"Things like dropping VAT for electricity bills would have been impossible under the EU. Your assertion that VAT being dropped under the EU is wrong. This can happen and has happened in the past. The Irish Govt reduced VAT on gas and electricity for a period in May 2022 during cost of living crisis. Here we have a Brexiteer trumpeting the benefit of Brexit and illustrating incorrectly a comparison to EU situation. Same disinfornation being trotted out after 10 years The EU mandates a minimum level of 15% VAT on energy supplies, with an exemption down to 5% to combat unaffordability. Ireland dropped its rate down to 9% as a "temporary" measure, which is within the EU rules. Burnham's proposal is to drop VAT on energy to 0%, which is against EU rules. The poster above is correct in saying that Burnham's proposal would not be possible if we were still in the EU." That's my understanding as well and a quick Google confirms reducing to 0% was not possible pre Brexit. Also the import tariff reductions that Rachael Reeves made a couple of months ago to help with costs would also not have been possible. | |||
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"Things like dropping VAT for electricity bills would have been impossible under the EU. Your assertion that VAT being dropped under the EU is wrong. This can happen and has happened in the past. The Irish Govt reduced VAT on gas and electricity for a period in May 2022 during cost of living crisis. Here we have a Brexiteer trumpeting the benefit of Brexit and illustrating incorrectly a comparison to EU situation. Same disinfornation being trotted out after 10 years The EU mandates a minimum level of 15% VAT on energy supplies, with an exemption down to 5% to combat unaffordability. Ireland dropped its rate down to 9% as a "temporary" measure, which is within the EU rules. Burnham's proposal is to drop VAT on energy to 0%, which is against EU rules. The poster above is correct in saying that Burnham's proposal would not be possible if we were still in the EU. That's my understanding as well and a quick Google confirms reducing to 0% was not possible pre Brexit. Also the import tariff reductions that Rachael Reeves made a couple of months ago to help with costs would also not have been possible. " Under revised rules adopted in 2022 EU countries can drop rates to 0% for a limited period as long as they comply with the revised framework | |||
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"Things like dropping VAT for electricity bills would have been impossible under the EU. Your assertion that VAT being dropped under the EU is wrong. This can happen and has happened in the past. The Irish Govt reduced VAT on gas and electricity for a period in May 2022 during cost of living crisis. Here we have a Brexiteer trumpeting the benefit of Brexit and illustrating incorrectly a comparison to EU situation. Same disinfornation being trotted out after 10 years The EU mandates a minimum level of 15% VAT on energy supplies, with an exemption down to 5% to combat unaffordability. Ireland dropped its rate down to 9% as a "temporary" measure, which is within the EU rules. Burnham's proposal is to drop VAT on energy to 0%, which is against EU rules. The poster above is correct in saying that Burnham's proposal would not be possible if we were still in the EU. That's my understanding as well and a quick Google confirms reducing to 0% was not possible pre Brexit. Also the import tariff reductions that Rachael Reeves made a couple of months ago to help with costs would also not have been possible. Under revised rules adopted in 2022 EU countries can drop rates to 0% for a limited period as long as they comply with the revised framework" And you don't see a problem with this? End of the day, UK has more control over its own economy, instead of having to rely on the EU bureaucrats. Issues like these crop up frequently in the EU. For example, Germany did not want the EU to impose high Tariffs on the Chinese cars because if the Chinese enforced retaliatory tariffs, it's the German car companies which will be fucked. And the EU went ahead with the tariffs anyway. We took control of our economy at the cost of some trade with the EU. So success of Brexit depends on what we do with the freedom we have now. | |||
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"Things like dropping VAT for electricity bills would have been impossible under the EU. Your assertion that VAT being dropped under the EU is wrong. This can happen and has happened in the past. The Irish Govt reduced VAT on gas and electricity for a period in May 2022 during cost of living crisis. Here we have a Brexiteer trumpeting the benefit of Brexit and illustrating incorrectly a comparison to EU situation. Same disinfornation being trotted out after 10 years The EU mandates a minimum level of 15% VAT on energy supplies, with an exemption down to 5% to combat unaffordability. Ireland dropped its rate down to 9% as a "temporary" measure, which is within the EU rules. Burnham's proposal is to drop VAT on energy to 0%, which is against EU rules. The poster above is correct in saying that Burnham's proposal would not be possible if we were still in the EU. That's my understanding as well and a quick Google confirms reducing to 0% was not possible pre Brexit. Also the import tariff reductions that Rachael Reeves made a couple of months ago to help with costs would also not have been possible. Under revised rules adopted in 2022 EU countries can drop rates to 0% for a limited period as long as they comply with the revised framework" Those revised rules came up during my search and were a bit confusing (to me) but according to every report the revised rules are not a blanket permission and instead could only be implemented if certain historical situations had occurred. The UK did not qualify and therefore could not reduce VAT below 5%. BBC article sets it out a bit clearer: EU countries have been co-ordinating their VAT rates since 1992, as part of building up the single market and ensuring there is no unfair competition across national borders. Under EU rules, countries must apply a minimum standard VAT rate of 15%. They have an option of applying one or two reduced rates, no lower than 5%, to certain specified goods on a pre-approved list. Further reduction of the VAT rate, including to 0%, is also allowed but only for the goods which were taxed at that rate before 1991 and since then. Changes to the VAT rules require unanimous agreement of all 28 EU countries. The UK's standard VAT rate is 20%, so, within the current rules, the UK government has some flexibility to bring it down to 15%, if it wanted to. It is right to say the UK cannot remove the VAT on household gas and electricity bills. Although the UK charged 0% VAT on domestic fuel bills in 1991, the Conservative government introduced a VAT rate of 8% in 1993. This was later lowered to 5% under Labour. Under the EU rules, this is now the lowest VAT rate possible for British domestic fuel bills | |||
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"Under revised rules adopted in 2022 EU countries can drop rates to 0% for a limited period as long as they comply with the revised framework" Council Directive (EU) 2022/542 does allow the dropping of VAT rates to zero, but only for "goods and services considered to cover basic needs, namely those related to the supply of foodstuffs, water, medicines, pharmaceutical products, health and hygiene products, transport of persons and certain cultural items (books, newspapers and periodicals)". Energy is not included in the list of things that can be zero-rated. | |||
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"It has been catastrophic ..." Well, it just hasn't. You can argue that it has hit the economy somewhat, but the country is still going along much as before, and the economy is tracking at about the same rate as the other major European economies. It's impossible to say whether we'd today be in a better position if we stayed in the EU, but we can be certain that Brexit wasn't a catastrophe. | |||
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"It has been catastrophic for the UK economically, so has caused harm to the majority of its citizens. Of course there are likely to be some pros as well as cons but the pros are insignificant, by comparison. Just undertaking the changes have cost many £billions which are just wasted investments, off other national assets There is some confusion here I believe, or maybe I'm confused? Who were the chancers and charlatans that swooped in and did very nicely? The point you make on the economic catastrophe has been picked up a post above. | |||
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"There are different opinions on this wether or not brexit has been a success, some say yes, some no and some are still undecided.about it, they are saying things like what do you call success and how the politicians didnt want brexit. I would say that it has not been a success because of unrealistic expectations, it is resulting in a smaller economy 6-8%, not just that lower business investments and worker shortages to name some of it. It would be interesting to see what your views on it is why it hasnt been a success or has it,.do you also agree that it have left a big gap in the economy as well? it's been ok so far although business will say different but that's business moaning as usual for me it's because we don't have politicians that want it first thing I'd do is sack those in government that are fighting against it take it from there. | |||
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"Isolationism in an increasing global environment doesn't make sense. " We can still trade with the world without having to be part of a super government. | |||
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"Isolationism in an increasing global environment doesn't make sense. " Nobody voted for isolationism. Even those who voted for Brexit expected that we would still be trading with the EU afterwards. | |||
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"Isolationism in an increasing global environment doesn't make sense. Nobody voted for isolationism. Even those who voted for Brexit expected that we would still be trading with the EU afterwards." Isolationism was very much part of the campaign. Making own way in the world. As a smaller trading entity the trade deals were never going to be huge | |||
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"Isolationism in an increasing global environment doesn't make sense." "Nobody voted for isolationism. Even those who voted for Brexit expected that we would still be trading with the EU afterwards." "Isolationism was very much part of the campaign." It was? Then you'll have no difficulty providing a quote from a Brexit leader that said we didn't want to trade with the EU any more. Any politician will do. | |||
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"Isolationism in an increasing global environment doesn't make sense. Nobody voted for isolationism. Even those who voted for Brexit expected that we would still be trading with the EU afterwards. Isolationism was very much part of the campaign. It was? Then you'll have no difficulty providing a quote from a Brexit leader that said we didn't want to trade with the EU any more. Any politician will do." If you read back my comment i said isolationism without reference to the EU | |||
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"Isolationism in an increasing global environment doesn't make sense. Nobody voted for isolationism. Even those who voted for Brexit expected that we would still be trading with the EU afterwards. Isolationism was very much part of the campaign. Making own way in the world. As a smaller trading entity the trade deals were never going to be huge" Then how come our national exports increased 22% in value in the half decade to last year? That's unprecedented growth. All over now sadly. | |||
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"Isolationism in an increasing global environment doesn't make sense." "Nobody voted for isolationism. Even those who voted for Brexit expected that we would still be trading with the EU afterwards." "Isolationism was very much part of the campaign." "It was? Then you'll have no difficulty providing a quote from a Brexit leader that said we didn't want to trade with the EU any more. Any politician will do." "If you read back my comment i said isolationism without reference to the EU" So you're agreeing that nobody said that we would be dropping trade with the EU. Just so that we all understand you - what do you think 'isolationism' means? | |||
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"Can we name anything in the UK that has been a success in recent years? No, the war and 1966 world cup do not count." Financial services Digital services and infrastructure | |||
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"Can we name anything in the UK that has been a success in recent years? No, the war and 1966 world cup do not count." The pandemic VIP lane was a huge success for those in it | |||
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"Not been a success due to the politicians tasked to carry it out, didn't want it. They done the bare minimum required, they done the best deals for them and not the public. Once the result were in, we should have had a cross party team and business leaders across the country working on this. Remember we have lots to offer. Trade deals have been carried out to benefit the other countries, with us not getting equal terms. No business leader would sign up for that, so why did we as a country? Politicians not having run a business don't have a clue on what they should be asking for." Boris Johnson, when he was Foreign Secretary in 2018, did say “fuck business”. That was his reply when asked about business leaders’ concerns over the economic disruption that a hard Brexit might cause. A clear example of no serious engagement with the issue. | |||
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"Boris Johnson, when he was Foreign Secretary in 2018, did say “fuck business”. That was his reply when asked about business leaders’ concerns over the economic disruption that a hard Brexit might cause. A clear example of no serious engagement with the issue." You mean - that's what he's rumoured to have said. There's no recording of it, and no reputable journalist heard him say it. 2018 was back in the good old days when politicians didn't swear if they thought there was a microphone about. | |||
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"Boris Johnson, when he was Foreign Secretary in 2018, did say “fuck business”. That was his reply when asked about business leaders’ concerns over the economic disruption that a hard Brexit might cause. A clear example of no serious engagement with the issue. You mean - that's what he's rumoured to have said. There's no recording of it, and no reputable journalist heard him say it. 2018 was back in the good old days when politicians didn't swear if they thought there was a microphone about." Sure 😉 | |||
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