BREXIT could cost the UK €300 billion

[generic-user-1]

Ka-pi96 said:

generic-user-1 said:

Ka-pi96 said:

The other EU countries would lose from it, that's a fact.

While there are surely many other reasons, how about this one...
Currently the UK imports more from the EU than it exports. With it being EU that means there are no import taxes on any of it. In February 2015 the imports were worth £17.9b (£7b more than exports). Considering the current UK VAT rate is 20% that means if the UK wasn't an EU member those companies exporting to the UK would have to pay £3.58b in VAT for those exports, and that's just a single month. Surely you can see how not having to pay VAT/Duties for exports to the UK is good for all EU businesses and not just those in the UK itself?

EU or not doesnt matter, they will buy french food and german cars in any case. liek the US or china.

Yeah, but my point is that now companies exporting to/importing from the UK will have to pay hefty taxes on those goods which decreases their profits.

it increases the price of the goods, but people will buy european goods anyway, you dont buy a ford just because you have to pay 30k taxes more for a mercedes or bmw. and there is not much good wine to buy outside of europe