Will May Pay or Hope it Fades Away? £55b exit bill...

Will May Pay or Hope it Fades Away? £55b exit bill...

Author
Discussion

PurpleMoonlight

22,362 posts

157 months

Tuesday 5th September 2017
quotequote all
Pan Pan Pan said:
No wonder the EU is so desperate to get a big wedge of cash out of the UK when it leaves, because they know full well that the German taxpayer will have to stump up all the extra cash needed to kick the failed EU ponzi scheme can down the road a little bit longer. They need that cash to keep the failed wet dream alive a little bit longer, and when the current net beneficiary member state countries realize they will have to start paying money into the EU`s coffers rather than getting handouts from it, they too will leave in droves.
I see you still don't understand what a Ponzi scheme is.

rolleyes

PurpleMoonlight

22,362 posts

157 months

Tuesday 5th September 2017
quotequote all
paulrockliffe said:
I'm not convinced you've read that right, the UK will play by the rules, the problem for the EU is that the rules don't say anything about paying for things that the EU has committed to after we've left or paying to be able to buy stuff from the EU or paying any sort of divorce settlement.

Playing by the rules would leave the EU whistling for our cash.

Whether that's how it pans out is another matter, but I think you've probably misread those comments.
The 'withdrawal agreement' mentioned in A50 is not defined, so could take any form. The EU is claiming they want £x as part of the agreement. We can agree, negotiate a lower amount or refuse to pay anything.

Essentially, everything and nothing is up for grabs.

andymadmak

14,562 posts

270 months

Tuesday 5th September 2017
quotequote all
Mrr T said:
Richard North with the help of many contributors to Eureferendum.com produced a detailed and credible plan without any access to any civil servants. The lack of a plan was a cynical ploy by team leave to keep the immigration zealots on side.
rofl

You're getting as bad as slasher with your fixation on immigration.
Detailed and credible? Says who?

paulrockliffe

15,705 posts

227 months

Tuesday 5th September 2017
quotequote all
PurpleMoonlight said:
The 'withdrawal agreement' mentioned in A50 is not defined, so could take any form. The EU is claiming they want £x as part of the agreement. We can agree, negotiate a lower amount or refuse to pay anything.

Essentially, everything and nothing is up for grabs.
What you're describing is the same as me asking you for £50 and saying there isn't a law that says you don't have to pay me £50, so you owe me £50.

Of course you're not going to give me £50, unless you want to?

If David Davis decides he wants to, well that's nice for him, but there's no legislation that allows him to just give taxpayers money away just because he's a Government Minister. For good reason.

That's not to say it can't happen, just that anything beyond what is explicitly set out in law is going to need new legislation and will be problematic, both within Government, within Parliament and within the wider electorate.

A50 is clearly not fit for purpose in many regards, but in the absence of specific guidance, it must defer to the existing legislation to clarify the position. If that's still insufficient then the default would be that there is no legal requirement for a payment, certainly not some figure that can't be justified in law.

I'm sure if we totted up on going commitments to the end of the budget (even though beyond March 2019 is unlikely to have any legal basis), subtracted a contributory share of assets and added back in EU assets based in the UK, then agreed that if there has to be a payment to underpin a trade agreement (FTF!) that there's a reciprocal payment for access to the UK market and both amounts are proportional to the balance of trade, then we'd have an agreement that would be legal, fair, moral and acceptable in the UK.

Does make you wonder why this is dragging out.....

PurpleMoonlight

22,362 posts

157 months

Tuesday 5th September 2017
quotequote all
paulrockliffe said:
What you're describing is the same as me asking you for £50 and saying there isn't a law that says you don't have to pay me £50, so you owe me £50.
No I'm not actually.

I'm saying they have the right to ask, no more no less.

PurpleMoonlight

22,362 posts

157 months

Tuesday 5th September 2017
quotequote all
paulrockliffe said:
If David Davis decides he wants to, well that's nice for him, but there's no legislation that allows him to just give taxpayers money away just because he's a Government Minister. For good reason.
The Government can do pretty much what is likes with the tax revenue it collects.

Sway

26,276 posts

194 months

Tuesday 5th September 2017
quotequote all
PurpleMoonlight said:
paulrockliffe said:
If David Davis decides he wants to, well that's nice for him, but there's no legislation that allows him to just give taxpayers money away just because he's a Government Minister. For good reason.
The Government can do pretty much what is likes with the tax revenue it collects.
Actually, no it can't. There are plenty of restrictions and process requirements to adhere to. The voting in of the budget being a big one.

anonymous-user

54 months

Tuesday 5th September 2017
quotequote all
Sway said:
PurpleMoonlight said:
paulrockliffe said:
If David Davis decides he wants to, well that's nice for him, but there's no legislation that allows him to just give taxpayers money away just because he's a Government Minister. For good reason.
The Government can do pretty much what is likes with the tax revenue it collects.
Actually, no it can't. There are plenty of restrictions and process requirements to adhere to. The voting in of the budget being a big one.
Indeed, post the chancellors statement a full finance bill has to go through parliament, both the commons and the lords. The only part that doesn't go through that process is raised tax rates that apply at 6pm on the day of the budget under the provisional collection of taxes rules, usually for fuel and alcohol rates, and even those are voted on in the commons, that vote happens immediately after the chancellor speaks and before the leader of the opposition responds.

The budget statement is not the point the budget becomes law, it takes a full process to enact, which is why you see the dates of the introduction of major new policies not being immediate, if they cant get it through Parliament, it doesn't happen.

Coolbanana

4,416 posts

200 months

Tuesday 5th September 2017
quotequote all
PurpleMoonlight said:
No I'm not actually.

I'm saying they have the right to ask, no more no less.
Indeed they do and they can because they have by far the strongest hand in the negotiations. Contrary to the arrogant assumptions of Hard Brexiters, the EU will survive without the UK.

If UK Plc was so confident they would go for a hard brexit and take on the World alone; show how marvellous their negotiators are and how UK services and products are needed and how eager the Rest of the World want to offer cheap trade deals and sod the EU.

Obviously, many Leavers do want to try that. Sometimes I wish they would so I can laugh later.

But the mere fact that the UK is listening to a Divorce Bill and trying desperately to get Trade talks going is a sign that they are weak. Weak! They NEED the EU to trade in favourable terms but are caught between the ignorant expectations of the Hard Brexiters and Reality.

If it wasn't the Country of my birth kicking itself in the nuts it would be great fun to watch a once-proud Nation demote itself on the World stage through sheer idiocy.






anonymous-user

54 months

Tuesday 5th September 2017
quotequote all
Coolbanana said:
PurpleMoonlight said:
No I'm not actually.

I'm saying they have the right to ask, no more no less.
Indeed they do and they can because they have by far the strongest hand in the negotiations. Contrary to the arrogant assumptions of Hard Brexiters, the EU will survive without the UK.

If UK Plc was so confident they would go for a hard brexit and take on the World alone; show how marvellous their negotiators are and how UK services and products are needed and how eager the Rest of the World want to offer cheap trade deals and sod the EU.

Obviously, many Leavers do want to try that. Sometimes I wish they would so I can laugh later.

But the mere fact that the UK is listening to a Divorce Bill and trying desperately to get Trade talks going is a sign that they are weak. Weak! They NEED the EU to trade in favourable terms but are caught between the ignorant expectations of the Hard Brexiters and Reality.

If it wasn't the Country of my birth kicking itself in the nuts it would be great fun to watch a once-proud Nation demote itself on the World stage through sheer idiocy.
If the UK gets a kicking the whole world economy will have a black eye. The reality of the current world we live in is we are all interconnected, if what we do best is restricted, services in finance and insurance, the EU is fked.

Hayek

8,969 posts

208 months

Tuesday 5th September 2017
quotequote all
PurpleMoonlight said:
paulrockliffe said:
If David Davis decides he wants to, well that's nice for him, but there's no legislation that allows him to just give taxpayers money away just because he's a Government Minister. For good reason.
The Government can do pretty much what is likes with the tax revenue it collects.
If there is no legal basis for a payment then I believe the government would have to get any payment through parliament.

johnxjsc1985

15,948 posts

164 months

Tuesday 5th September 2017
quotequote all
in the fullness of time some bright spark will ask the EU two question.
1) how will we make up for the shortfall of the Uk's positive contribution.
2) if the UK walk away how will we make up the short fall in Trade which is already some £60 billion in the EU's favour.
It is the EU that needs educating.
I think most people know there is an unknown element to leaving the EU but there is also a big opportunity also.
Seeing the likes of Blair and Juncker embrace just doesn't help the situation the sooner Merkel gets the election out of the way then the proper negotiations can start with the Organ grinder not the monkey.

sidicks

25,218 posts

221 months

Tuesday 5th September 2017
quotequote all
Coolbanana said:
Indeed they do and they can because they have by far the strongest hand in the negotiations. Contrary to the arrogant assumptions of Hard Brexiters, the EU will survive without the UK.

If UK Plc was so confident they would go for a hard brexit and take on the World alone; show how marvellous their negotiators are and how UK services and products are needed and how eager the Rest of the World want to offer cheap trade deals and sod the EU.

Obviously, many Leavers do want to try that. Sometimes I wish they would so I can laugh later.

But the mere fact that the UK is listening to a Divorce Bill and trying desperately to get Trade talks going is a sign that they are weak. Weak! They NEED the EU to trade in favourable terms but are caught between the ignorant expectations of the Hard Brexiters and Reality.

If it wasn't the Country of my birth kicking itself in the nuts it would be great fun to watch a once-proud Nation demote itself on the World stage through sheer idiocy.
What absolute nonsense from start to finish.

PurpleMoonlight

22,362 posts

157 months

Tuesday 5th September 2017
quotequote all
Anyone know how much tariffs the UK collects and gives to the EU?

loafer123

15,442 posts

215 months

Tuesday 5th September 2017
quotequote all
PurpleMoonlight said:
Anyone know how much tariffs the UK collects and gives to the EU?
£3.1bn in 2015/16 according to this site:

https://www.taxation.co.uk/Articles/2017/04/04/336...

Mrr T

12,235 posts

265 months

Tuesday 5th September 2017
quotequote all
Sway said:
PurpleMoonlight said:
paulrockliffe said:
If David Davis decides he wants to, well that's nice for him, but there's no legislation that allows him to just give taxpayers money away just because he's a Government Minister. For good reason.
The Government can do pretty much what is likes with the tax revenue it collects.
Actually, no it can't. There are plenty of restrictions and process requirements to adhere to. The voting in of the budget being a big one.
The Budget is about taxation and certain benefits. It will include estimations of expenditure but there is no commitment as to where money will be spent.

At the original poster said the UK Government can pretty much spend money as it wishes. A resent example is the £5bp bung to N Ireland to get DUP backing.

Robertj21a

16,477 posts

105 months

Tuesday 5th September 2017
quotequote all
Coolbanana said:
Indeed they do and they can because they have by far the strongest hand in the negotiations. Contrary to the arrogant assumptions of Hard Brexiters, the EU will survive without the UK.

If UK Plc was so confident they would go for a hard brexit and take on the World alone; show how marvellous their negotiators are and how UK services and products are needed and how eager the Rest of the World want to offer cheap trade deals and sod the EU.

Obviously, many Leavers do want to try that. Sometimes I wish they would so I can laugh later.

But the mere fact that the UK is listening to a Divorce Bill and trying desperately to get Trade talks going is a sign that they are weak. Weak! They NEED the EU to trade in favourable terms but are caught between the ignorant expectations of the Hard Brexiters and Reality.

If it wasn't the Country of my birth kicking itself in the nuts it would be great fun to watch a once-proud Nation demote itself on the World stage through sheer idiocy.
Have you opened the drinks cabinet a bit earlier today ?

rolleyes

FN2TypeR

7,091 posts

93 months

Tuesday 5th September 2017
quotequote all
andymadmak said:
Mrr T said:
Richard North with the help of many contributors to Eureferendum.com produced a detailed and credible plan without any access to any civil servants. The lack of a plan was a cynical ploy by team leave to keep the immigration zealots on side.
rofl

You're getting as bad as slasher with your fixation on immigration.
Detailed and credible? Says who?
MrrT does, the only person that matters - duh!

sidicks

25,218 posts

221 months

Tuesday 5th September 2017
quotequote all
Mrr T said:
The Budget is about taxation and certain benefits. It will include estimations of expenditure but there is no commitment as to where money will be spent.

At the original poster said the UK Government can pretty much spend money as it wishes. A resent example is the £5bp bung to N Ireland to get DUP backing.
Where does £5bn come from?

paulrockliffe

15,705 posts

227 months

Tuesday 5th September 2017
quotequote all
sidicks said:
Mrr T said:
The Budget is about taxation and certain benefits. It will include estimations of expenditure but there is no commitment as to where money will be spent.

At the original poster said the UK Government can pretty much spend money as it wishes. A resent example is the £5bp bung to N Ireland to get DUP backing.
Where does £5bn come from?
It's a made up number. The real number is different and will be approved through Parliament. Just like any Brexit bill.