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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