Rob Paul to fund the EU... Tobin tax
Discussion
Not sure if this has been mentioned so thought I would bring it up:
http://www.bbc.co.uk/news/business-15768044
Its been in the pipeline a while and the EU has decided this transaction tax will be used to fund them and think its unfair that the UK is objecting to the fact 20% of GDP comes from Finance and that we should look at the bigger picture here:
http://www.youtube.com/watch?v=dTTcD6Mp0uk
They claim that all of the EU will be affected by this and not just the UK but seem to ignore the fact that its the UK that will be paying for most of it as that is what the UK economy (City of London) creates a large chunk of the GDP on.
They don't seem to understand that doing it in the UK will mean that the finance sectors will simply do the trades outside of the RobbingZone and it will effectively ruin the UK.
Also this is a direct tax imposed by the EU with no vote coming from the UK (thats a surprise there) which is not the point of the EU and they shouldn't actually be allowed to impose such a tax.
Love the way that the EU is allowed to decide what they want and essentially f
k anyone they want over... Im hoping CMD doesn't roll over to this in anyway as I can see it ending badly if it does.
If this is posted somewhere else... many apologies.
http://www.bbc.co.uk/news/business-15768044
Its been in the pipeline a while and the EU has decided this transaction tax will be used to fund them and think its unfair that the UK is objecting to the fact 20% of GDP comes from Finance and that we should look at the bigger picture here:
http://www.youtube.com/watch?v=dTTcD6Mp0uk
They claim that all of the EU will be affected by this and not just the UK but seem to ignore the fact that its the UK that will be paying for most of it as that is what the UK economy (City of London) creates a large chunk of the GDP on.
They don't seem to understand that doing it in the UK will mean that the finance sectors will simply do the trades outside of the RobbingZone and it will effectively ruin the UK.
Also this is a direct tax imposed by the EU with no vote coming from the UK (thats a surprise there) which is not the point of the EU and they shouldn't actually be allowed to impose such a tax.
Love the way that the EU is allowed to decide what they want and essentially f
k anyone they want over... Im hoping CMD doesn't roll over to this in anyway as I can see it ending badly if it does.If this is posted somewhere else... many apologies.
Du1point8 said:
They don't seem to understand that doing it in the UK will mean that the finance sectors will simply do the trades outside of the RobbingZone and it will effectively ruin the UK.
They do know it will have a big effect on the UK and that is part of the reason they want it. They hate the fact that London is such a strong financial centre in comparison to other European trading cities.tank slapper said:
Du1point8 said:
They don't seem to understand that doing it in the UK will mean that the finance sectors will simply do the trades outside of the RobbingZone and it will effectively ruin the UK.
They do know it will have a big effect on the UK and that is part of the reason they want it. They hate the fact that London is such a strong financial centre in comparison to other European trading cities.From what I have seen can we not cash in the chips and ask all the EU states that owe us to give the cash back... that will mess up the EU.
Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff