We must act and quit EU
BY leaving the EU we could save over £45million a day, plus £60bn a year due to EU trade barriers, business regulation, waste, administration costs and the destruction of our fishing industry.
According to Open Europe, EU business regulations cost over £20bn a year. We should abolish those determined not essential by a parliamentary commission .
Take £4.5 million of low incomes out of tax with a simple, flat rate income tax, with a threshold set at minimum wage.
Financial services yield £61bn in tax revenues or 12 per cent of the UK total. Exclude the City from EU controls, UK national debt is to reach over £1.4 trillion by the end of this parliament. This is unacceptable. Osborne's cuts will not equal our EU contributions. Public spending is increasing and the Coalition's cuts do not scratch the surface of Labour's deficit. We must cut down Government if we are to return to a sound economy.
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James Cole
Windmill Terrace, St Thomas, Swansea
3 Comments
by Neathboy234
Thursday, March 14 2013, 7:56PM
“Just another right wing agitator with a stuck record. Well he'll have his chance to vote UKIP come 2015. It wouldn't be so bad if he had some of his facts right, that what the extreme right wing do best though”
by bennyhill4
Thursday, March 14 2013, 4:30PM
“Why does the EP even bother to publish this man's letters, He has nothing new to add to all his previous letters. Just like an old record going round and round”
by Jiffy
Thursday, March 14 2013, 11:27AM
“Go away.
"Open Europe", yet another pressure group sponsored by vested interests and the tory party. These figures being quoted have all come out of thin air, because no one is in a position to question them.”