Tuesday, June 14, 2016

The head of the Ministry of Finance estimated the UK out of the EU of 30 billion pounds – RBC

The head of the Ministry of Finance of Great Britain George Osborne (center)

Photo: Global Look Press via ZUMA Press

out of the EU will cost the UK 30 billion pounds, which would force the government to raise taxes and cut funding for social programs

According to the Wall Street Journal, the head of the British Treasury George Osborne on Wednesday plans to deliver a speech in which he will talk about the country’s economic output of the EU consequences. As the theses publicize future speech to the minister, over the next four years the government will have to find about 30 billion pounds ($ 42.8 billion), which will miss the budget due to low economic growth, which will Brexit.

The publication Guardian points out that Osborne warns compensate for the budget deficit will have to tax increases. In particular, by 2% (to 22%) will be increased the basic rate of income tax by 5% (to 45%) inheritance tax. Also, 5% may increase the excise tax on gasoline and alcohol.

In addition, Osborne does not rule out that the yield of the UK from the EU would lead to a reduction in public spending on health, defense, education, police, transport.

at the same WSJ cites the opinion of the UK release of supporters of the EU who believe that the country would benefit financially if the June 23 vote against the citizens of the country’s membership in the European Union. Their argument is that London will not have to pay the £ 8 billion a year to the EU budget, and the money will probably be spent on social needs.

According to the results of a sociological survey, which was published on Tuesday, 35% of citizens ready to vote on a referendum for withdrawal from the EU, while retaining membership in the EU supported 33%. The remaining respondents are undecided or their position or have decided not to vote.

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