UK to reduce taxes to undercut EU UK to reduce taxes to undercut EU
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  1. #1

    Prof Cunning @ Oxford Uni

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    Default UK to reduce taxes to undercut EU

    Brexit: UK will not cut taxes, says Philip Hammond - BBC News

    Well, they say they won't which means they will.
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    Quote Originally Posted by WTFH View Post
    Brexit: UK will not cut taxes, says Philip Hammond - BBC News

    Well, they say they won't which means they will.
    He said we'd keep a European model, but that we are in the middle of the pack.

    Gives significant room to undercut.

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    Of course the UK could not reduce taxes whilst being a EU member.

    And it's not like the UK needs those pesky tax receipts anyway. Loadsa money.
    “We've always defined ourselves by the ability to overcome the impossible. And we count these moments. These moments when we dare to aim higher, to break barriers, to reach for the stars, to make the unknown known. We count these moments as our proudest achievements. But we lost all that. Or perhaps we've just forgotten that we are still pioneers. And we've barely begun. And that our greatest accomplishments cannot be behind us, because our destiny lies above us.”

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    What is the point? No big company pays them anyway.

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    Honestly, the UK leaders are stupider and slower than lab-rats on prozac sucking on a GHB vodka mixer. The European side is laughing at how stupid the British are handling this. The EU has no need to concede anything to such a muddled up opposition. Anyway the show must go on. What will the next episode bring..

    “We've always defined ourselves by the ability to overcome the impossible. And we count these moments. These moments when we dare to aim higher, to break barriers, to reach for the stars, to make the unknown known. We count these moments as our proudest achievements. But we lost all that. Or perhaps we've just forgotten that we are still pioneers. And we've barely begun. And that our greatest accomplishments cannot be behind us, because our destiny lies above us.”

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    Quote Originally Posted by scooterscot View Post
    Honestly, the UK leaders are stupider and slower than lab-rats on prozac sucking on a GHB vodka mixer. The European side is laughing at how stupid the British are handling this. The EU has no need to concede anything to such a muddled up opposition. Anyway the show must go on. What will the next episode bring..

    I think you just need to watch and wait for the part where we decide that the divorce bill is not worth paying and that Germany and France are going to have to find the cash to plug our contributions and that the European Car manufacturers are going to have to add WTO tariffs costs to their cars.

    I think you might find that regardless of the rhetoric there are quite a few Germans sweating at the moment.

  8. #8

    Prof Cunning @ Oxford Uni

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    Quote Originally Posted by bobspud View Post
    ...the European Car manufacturers are going to have to add WTO tariffs costs to their cars.

    I think you might find that regardless of the rhetoric there are quite a few Germans sweating at the moment.
    Yes, because the UK is the largest market for European car makers.

    Are you for real?
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    Quote Originally Posted by WTFH View Post
    Yes, because the UK is the largest market for European car makers.

    Are you for real?
    We are a significant market.....

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    Quote Originally Posted by original PM View Post
    We are a significant market.....
    British people have a lot less choice of cars built in Britain than EU cititzens will have. In the EU you can get all and any type of car and you can easily avoid buying a British built car. If you're British you will more or less be restricted to buying either a Japanese car or Vauxhall. That means the effect of tariffs will simply mean British people will be out of pocket as many will still be buying European built cars and the Europeans who previously bought British built Japanese cars will switch to French or German cars.

    It is pretty clear in a "car war" Britain will lose.
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