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Brexit: Now What? Part II

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In other news we may have found the governments post-brexit economic strategy, become a dodgy offshore tax haven!

McDonald's to move non-US tax base to UK

And what inspired this move?

On Tuesday, the European Commission began a formal investigation of Luxembourg's tax deal with McDonald's

And from the analysis in this article:

Why did McDonald's flip out of Luxembourg?


After the furore over Apple's tax affairs - the so called "double Irish" deal that saw Apple pay minimal taxes on billions of international profits - and the move by the EU to force Ireland to collect €13bn in back taxes (currently under appeal) - it could be argued that a move to Ireland is not keeping your head down.
The UK has another attraction. It doesn't tax dividends paid out to foreign companies or individuals - just ask Lady Tina Green. Dividends paid out of companies in France to parent companies attract a tax - it "withholds" some of the money (in much the same way some of your salary is withheld in tax by your employer).

Come to Britain and don't worry about little things like paying taxes, its not like we have we have a massive debt or cash strapped public services is it?
 
Why is this being cast as a hostile negotiation, it isn't and it should be two sides trying to get the best deal from and for each other. This isn't a business negotiation.

Except for those on the EU aside pushing for a tough deal, to discourage other countries from thinking of leaving.
 
Except for those on the EU aside pushing for a tough deal, to discourage other countries from thinking of leaving.

Well if by a tough deal you mean making it clear the UK can't have all the benefits of membership without any of the costs then I suppose so.
 
It's like giving up membership of the Rugby Club but still expecting to drink in the Members Bar.
 
Except for those on the EU aside pushing for a tough deal, to discourage other countries from thinking of leaving.

What do you call a though deal ? So far they simply said that freedom of movement is a fundamental principle. Which is true. That does not mean it is a tough deal, it simply means that the UK have to set realistic goal in its negotiation.
 
I assume they must have made some sort of plan.
An invalid assumption. I'm surprised anyone has such faith in politicans, especially when they're the likes of Boris Johnson, Farage, David Davis, Gove, Rees-Mogg, IDS and the rest of them.

It may be a pathetic plan sorely lacking in detail - I don't know.
Their plan is "Leave the EU". That's it.

My point is that no matter how good or bad the plan is there can be no possible advantage for Britain in revealing that plan to our negotiating opponents in advance of the negotiations.
A negotiating strategy is not a plan. The May plan is "Get the best possible deal for Britain". If you don't believe me just ask her. What that might actually be is undefined, apart from the colour scheme (red, white and blue).
 
Most of what's been posted above proves my point. Most remainers are still unwilling to accept the reality that we are leaving and will get more control over immigration. If the EU decide to invoke tough penalties as a result it will harm their economies as well as ours. We won't know how bad their sanctions are till the negotiations are completed or abandoned. To pretend that the negotiations won't be tough is fantasy.
 
The negotiations won't be tough fir the EU. Thry hold all the cards. They will dictate termd, we will take thrm or leave them. Whichever choice is nade we come off worst.
 
We buy more stuff from the EU than they buy from us. If they want to play tough then yes, it will hurt Britain's economy - but don't pretend that it won't also hurt the economies of other EU countries.

If they value their free movement principles so highly, it will cost them dearly - and they'll still get their free movement curbed anyway. You should also remember that several other EU countries also wish to put the brake on immigration.
 
Most of what's been posted above proves my point.

Meaning you are going to declare victory without remotely addressing any of the points raised, Farage would be proud of you.

Most remainers are still unwilling to accept the reality that we are leaving and will get more control over immigration.

And that's all that matters is it? You will happily trash the economy to feed your xenophobia. There's no evidence that there are British workers willing or able to fill those jobs currently occupied by EU immigrants, assuming the jobs exist after Brexit.

If the EU decide to invoke tough penalties as a result it will harm their economies as well as ours.

Which of course the leave campaign denied would happen, they insisted the EU would have to give us a good deal. Of course like every other promise they made that went out of the window once the votes were counted.

We won't know how bad their sanctions are till the negotiations are completed or abandoned.

And what a pity the likes of Johnson and Davies didn't own up to that during the campaign...

To pretend that the negotiations won't be tough is fantasy.

A fantasy the Leave campaign were only to happy to peddle while they were conning the voters.
 
We buy more stuff from the EU than they buy from us. If they want to play tough then yes, it will hurt Britain's economy - but don't pretend that it won't also hurt the economies of other EU countries.

If they value their free movement principles so highly, it will cost them dearly - and they'll still get their free movement curbed anyway. You should also remember that several other EU countries also wish to put the brake on immigration.

Talk about fantasies...
 
We buy more stuff from the EU than they buy from us. If they want to play tough then yes, it will hurt Britain's economy - but don't pretend that it won't also hurt the economies of other EU countries.

If they value their free movement principles so highly, it will cost them dearly - and they'll still get their free movement curbed anyway. You should also remember that several other EU countries also wish to put the brake on immigration.

Which countries will it hurt? We import very little from most of them.

Germany? You think we will stop buying BMWs, Audis VWs or Mercs?
What about trucks. no uk manufacturers at all. Sorry, there is Daf, they make some in the UK but they are Dutch.
Do you think all the dentists will stop buying German chairs, xrays, sensors, drills, compressors, suction, implants etc. There aren't any UK dental equipment manufacturers, it's all German. (Dental electronics and IT are my field
There is American equipment but no practice I have seen uses it, their procedures are different.
What about chocolate? Do you like a Chocolate Orange? made in Europe now. Even Cadbury are moving production to Europe.
Name a product we will stop importing from Europe?
 
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We buy more stuff from the EU than they buy from us. If they want to play tough then yes, it will hurt Britain's economy - but don't pretend that it won't also hurt the economies of other EU countries.

If they value their free movement principles so highly, it will cost them dearly - and they'll still get their free movement curbed anyway. You should also remember that several other EU countries also wish to put the brake on immigration.

That stuff we buy is spread over 27 economy and same for what we sell. The potential to hurt every single country economy of the 27 is lower than it would hurt britain's economy : The stuff you buy and sell is spread over 1 economy. You keep missing that point.

ETA: to give arbitrary Number, let us say 1% of UK import/export are from each country.

So 27% of UK import export are from EU.

If the import/export brutally stops as a reason of hard brexitus, that means 27% UKs export/import go in smoke, while 1% of all 27 EU country go in smoke. Bad for EU, but catastrophe for Britain.

You can vary the numbers as you wish, give more export or give more import. e.g. say 54% of UKs import stops but 14% UK export continues , but that still only a low % per country. You can even make the number vary by country within realistic bound.

The bottom line is that it is quite clear that every single individual countries have less to lose than UK, the losses are spread.

And as per capitain swoop, some import WILL continue albeit with a higher price.

Would it hurt ? Certainly. Would it hurt more EU than UK ? I hold that this would be mathematically very unlikely.
 
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If May and co. want to whine about that limiting their room for manoeuvre then they should have been more honest during the campaign instead of promising more money for public services and that there would be no negative economic consequences. Of course if they had been honest they would probably have lost.

To be perfectly fair, this is what Theresa May said during the campaign:

I think the economic arguments are clear. I think being part of a 500-million trading bloc is significant for us. I think, as I was saying to you a little earlier, that one of the issues is that a lot of people will invest here in the UK because it is the UK in Europe. If we were not in Europe, I think there would be firms and companies who would be looking to say, do they need to develop a mainland Europe presence rather than a UK presence? So I think there are definite benefits for us in economic terms

https://www.theguardian.com/politic...s-what-theresa-may-really-thinks-about-brexit

She wasn't a notable Bremain supporter though, which is in part what won her the coveted PM seat. She does know Brexit would be horrible for UK and she does know she's doing terrible damage with leaving the country in the dark for so long. The question is why. She either has the brains of a slug with Down syndrome, or else she is sabotaging Brexit from inside. The first option is morel likely, I think.

McHrozni
 
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