Will May Pay or Hope it Fades Away? £55b exit bill...
Discussion
Mothersruin said:
My view is that until they come up with a reasonable calculation of the UK share of the EU's assets to be offset against any 'bill', then there's no conversation to have.
Why? The EU isn't being dissolved. We're choosing to walk away from it.You join a gym, and pay your membership, then decide to walk away - you still have to pay the bar tab, but you don't expect to take a treadmill with you.
PurpleMoonlight said:
sidicks said:
PurpleMoonlight said:
Again, what tariffs are the UK going to impose on EU goods?
The ones imposed as part of the UK-EU trade agreement?Edited by TooMany2cvs on Sunday 3rd December 15:06
PurpleMoonlight said:
...It will be interesting to compare their GDP growth to ours 5 years after Brexit.
It'll be interesting to see what the individual member state growth figures are on an ongoing basis. PurpleMoonlight said:
Given the UK are rolling over on the divorce bill the EU won't have a cashflow issue for several years, by which time they can adjust their spending.....
You seriously think the EU will be able to "adjust" their spending in 3-4yrs?I think they're going to have an absolute nightmare deciding whether the remaining net contributors pick up more, whether current net recipients get less etc. Politically things are already very sensitive over there.
sidicks said:
So you don't think we will be resorting to WTO rules?
Is that your aim? WTO =
40% on lamb imports (which we get tariff free from NZ under EU quotas today)
40% on our lamb exports (i.e. kill them off to the EU)
Don't forget its seasonal so we can't eat our own sheep all year round.
We need a deal here don't we? With EU and RoW.
Edited by ///ajd on Sunday 3rd December 15:17
Murph7355 said:
You seriously think the EU will be able to "adjust" their spending in 3-4yrs?
I think they're going to have an absolute nightmare deciding whether the remaining net contributors pick up more, whether current net recipients get less etc. Politically things are already very sensitive over there.
I think they're going to have an absolute nightmare deciding whether the remaining net contributors pick up more, whether current net recipients get less etc. Politically things are already very sensitive over there.
Probably a combination of both.
£10bn pa is a lot, but the overall EU income is £120bn,
Could you adjust if your income reduced by 10%?
///ajd said:
Is that your aim?
I said no such thing.WTO =
40% on lamb imports (which we get tariff from from NZ under EU quotas today)
40% on our lamb exports (i.e. kill them off to the EU)
Don't forget its seasonal so we can't eat our own sheep all year round.
We need a deal here don't we? With EU and RoW.
Murph7355 said:
PurpleMoonlight said:
Given the UK are rolling over on the divorce bill the EU won't have a cashflow issue for several years, by which time they can adjust their spending.....
You seriously think the EU will be able to "adjust" their spending in 3-4yrs?I think they're going to have an absolute nightmare deciding whether the remaining net contributors pick up more, whether current net recipients get less etc. Politically things are already very sensitive over there.
EU budget for 2016 was €155bn.
UK net contribution - after rebate and expenditure - was about €8.6bn in 2016.
So that's about 5.5% of the total expenditure...
TooMany2cvs said:
Mothersruin said:
My view is that until they come up with a reasonable calculation of the UK share of the EU's assets to be offset against any 'bill', then there's no conversation to have.
Why? The EU isn't being dissolved. We're choosing to walk away from it.You join a gym, and pay your membership, then decide to walk away - you still have to pay the bar tab, but you don't expect to take a treadmill with you.
No, we helped build the gym and paid for plenty of treadmills. It owes us.
sidicks said:
///ajd said:
Is that your aim?
I said no such thing.WTO =
40% on lamb imports (which we get tariff free from NZ under EU quotas today)
40% on our lamb exports (i.e. kill them off to the EU)
Don't forget its seasonal so we can't eat our own sheep all year round.
We need a deal here don't we? With EU and RoW.
- needing a trade deal with EU to sell our lamb to EU
- needing a trade deal with NZ to import their lamb as we will be outside the current EU deal that lets us have it tariff free already
Surprised this is news.
Can you break a habit of a lifetime, and when anyone tries to clarify your position try and avoid just an evasive "I said no such thing"?
What do you think will happen, and do we need to avoid WTO for e.g. Lamb?
///ajd said:
There are two deal issues
- needing a trade deal with EU to sell our lamb to EU
- needing a trade deal with NZ to import their lamb as we will be outside the current EU deal that lets us have it tariff free already
Surprised this is news.
Can you break a habit of a lifetime, and when anyone tries to clarify your position try and avoid just an evasive "I said no such thing"?
What do you think will happen, and do we need to avoid WTO for e.g. Lamb?
I believe the UK/EU have agreed to apportion the tariff free WTO allowance based on current imports.- needing a trade deal with EU to sell our lamb to EU
- needing a trade deal with NZ to import their lamb as we will be outside the current EU deal that lets us have it tariff free already
Surprised this is news.
Can you break a habit of a lifetime, and when anyone tries to clarify your position try and avoid just an evasive "I said no such thing"?
What do you think will happen, and do we need to avoid WTO for e.g. Lamb?
///ajd said:
There are two deal issues
- needing a trade deal with EU to sell our lamb to EU
- needing a trade deal with NZ to import their lamb as we will be outside the current EU deal that lets us have it tariff free already
Surprised this is news.
Can you break a habit of a lifetime, and when anyone tries to clarify your position try and avoid just an evasive "I said no such thing"?
Can you break a habit of a lifetime and not try and suggest that other people have said things entirely different to what they've actually said?- needing a trade deal with EU to sell our lamb to EU
- needing a trade deal with NZ to import their lamb as we will be outside the current EU deal that lets us have it tariff free already
Surprised this is news.
Can you break a habit of a lifetime, and when anyone tries to clarify your position try and avoid just an evasive "I said no such thing"?
You might also like to edit your post to get the quoting correct.
TooMany2cvs said:
Let's put the drop in payments into perspective, shall we?
EU budget for 2016 was €155bn.
UK net contribution - after rebate and expenditure - was about €8.6bn in 2016.
So that's about 5.5% of the total expenditure...
Yes, I'm surprised more haven't realised this is a bit of a non-issue. EU budget for 2016 was €155bn.
UK net contribution - after rebate and expenditure - was about €8.6bn in 2016.
So that's about 5.5% of the total expenditure...
Just delay a few new Spanish airports that aren't needed anyway.
Mothersruin said:
TooMany2cvs said:
Mothersruin said:
My view is that until they come up with a reasonable calculation of the UK share of the EU's assets to be offset against any 'bill', then there's no conversation to have.
Why? The EU isn't being dissolved. We're choosing to walk away from it.You join a gym, and pay your membership, then decide to walk away - you still have to pay the bar tab, but you don't expect to take a treadmill with you.
Oh, wait... You think that Poland pays some kind of negative membership fee, right? Nope.
Poland pays in 0.9% of GNI to the EU. The UK pays in 0.72%...
Yes, Poland pays in more than we do... And that doesn't even include our rebate. With that in, we pay about .55%
(It's just that the EU spends more in Poland than in the UK - because they need it more...)
Mothersruin said:
No, we helped build the gym and paid for plenty of treadmills. It owes us.
You want to continue to use the treadmills, they're still there in the gym...PurpleMoonlight said:
///ajd said:
There are two deal issues
- needing a trade deal with EU to sell our lamb to EU
- needing a trade deal with NZ to import their lamb as we will be outside the current EU deal that lets us have it tariff free already
Surprised this is news.
Can you break a habit of a lifetime, and when anyone tries to clarify your position try and avoid just an evasive "I said no such thing"?
What do you think will happen, and do we need to avoid WTO for e.g. Lamb?
I believe the UK/EU have agreed to apportion the tariff free WTO allowance based on current imports.- needing a trade deal with EU to sell our lamb to EU
- needing a trade deal with NZ to import their lamb as we will be outside the current EU deal that lets us have it tariff free already
Surprised this is news.
Can you break a habit of a lifetime, and when anyone tries to clarify your position try and avoid just an evasive "I said no such thing"?
What do you think will happen, and do we need to avoid WTO for e.g. Lamb?
And is this official given the trade talks have not yet started?
TooMany2cvs said:
Mothersruin said:
TooMany2cvs said:
Mothersruin said:
My view is that until they come up with a reasonable calculation of the UK share of the EU's assets to be offset against any 'bill', then there's no conversation to have.
Why? The EU isn't being dissolved. We're choosing to walk away from it.You join a gym, and pay your membership, then decide to walk away - you still have to pay the bar tab, but you don't expect to take a treadmill with you.
Oh, wait... You think that Poland pays some kind of negative membership fee, right? Nope.
Poland pays in 0.9% of GNI to the EU. The UK pays in 0.72%...
Yes, Poland pays in more than we do... And that doesn't even include our rebate. With that in, we pay about .55%
(It's just that the EU spends more in Poland than in the UK - because they need it more...)
Mothersruin said:
No, we helped build the gym and paid for plenty of treadmills. It owes us.
You want to continue to use the treadmills, they're still there in the gym...Carry on.
PurpleMoonlight said:
///ajd said:
I recall this has been challenged by non-EU states as unfair.
And is this official given the trade talks have not yet started?
Have they? Just can't trust these RoW countries huh.And is this official given the trade talks have not yet started?
https://www.ft.com/content/92bb5636-a95b-11e7-ab55...
Came two days after the UK said "yay we've got quotas sorted......"
TooMany2cvs said:
Mothersruin said:
TooMany2cvs said:
Mothersruin said:
My view is that until they come up with a reasonable calculation of the UK share of the EU's assets to be offset against any 'bill', then there's no conversation to have.
Why? The EU isn't being dissolved. We're choosing to walk away from it.You join a gym, and pay your membership, then decide to walk away - you still have to pay the bar tab, but you don't expect to take a treadmill with you.
Oh, wait... You think that Poland pays some kind of negative membership fee, right? Nope.
Poland pays in 0.9% of GNI to the EU. The UK pays in 0.72%...
Yes, Poland pays in more than we do... And that doesn't even include our rebate. With that in, we pay about .55%
(It's just that the EU spends more in Poland than in the UK - because they need it more...)
Mothersruin said:
No, we helped build the gym and paid for plenty of treadmills. It owes us.
You want to continue to use the treadmills, they're still there in the gym...Can you please exapand on this. Any figures?
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