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by vidarh 3526 days ago
> For example she could continuously lower corporate taxes for foreign investment

The UK already has very low corporate taxes. If corporate tax rates was sufficient, we should have a steady stream of companies moving from the US, which has nearly twice as high corporation tax, for example.

But as it happens, low corporation tax is not sufficient.

And certainly not while uncertainty over Brexit terms is wreaking havoc on confidence, and many companies are already planning to move.

1 comments

Funny how people suddenly loose all creativity, Brits are known to be one of the best in making others suffer with legalese moves so I'd definitely expect better.

She could for example say the EU is not cooperative, the UK will stay for the next 5 years and lower taxes for foreign investments to 5% like Malta does. That would hurt the EU a lot and I bet they'd be more open for discussions after that. If not then continue with other creative ideas, the EU can't survive a remaining UK that is actively working towards hurting the EU. (the EU probably will not be able to survive anyway the way things stand right now)

From a moral perspective you couldn't even argue that it's immoral if the UK did this as highest EU officials have publicly proclaimed that they will make the UK suffer so it'll be an example for others.

> That would hurt the EU a lot and I bet they'd be more open for discussions after that.

Or they would just boot them out. Article 7 TFEU does exist.

Or you could actually try and read Article 7. It does nowhere state that you can sanction a country without breach of fundamental laws like basic human rights.

And the most you could do with this Article is take the UK's voting rights.

I'm sure the UK can come up with ways to punish the EU into submission without breaching any laws. (5% tax would be legal) Also how about vetoing almost everything. That's a political tool that has shown to be very effective for centuries.

Either way you slice it, if the UK wants access to the market at advantageous terms she will get it. The question is only how much does she want it.

> It does nowhere state that you can sanction a country without breach of fundamental laws like basic human rights.

Actually, "the risk of a breach" is sufficient. And given that the UK openly promotes xenophobia and racist attacks are on the rise and have been since the Referendum...

Do not expect Europe to play fairly when the UK decides to play dirty, e.g. by trying to actively damage EU member states while being an EU member state..

> And the most you could do with this Article is take the UK's voting rights.

Actually, the EU can take it all, including voting rights.

> I'm sure the UK can come up with ways to punish the EU into submission without breaching any laws.

And I am sure the EU can very easily destroy the UK's economy for the next few decades without much effort, should the need arise. All they need to do is to invoke trading sanctions with any non-EU state that trades with the EU. Let's see if China or the US would rather trade with 40-odd million Britons, or 500 Million EU citizens.

> Also how about vetoing almost everything.

Aka. "the trantruming toddler in the supermarket" - it doesn't work.

> if the UK wants access to the market at advantageous terms she will get it. The question is only how much does she want it.

I agree - and it will cost the UK dearly. After fourty years of special deals with London, the EU is fed up.

You seem a resentful, agitated and vengeful as some of your statements border on the insane. ("UK openly promotes xenophobia" -> ????)

I doubt it makes sense for me to engage in a discussion with you.

> border on the insane. ("UK openly promotes xenophobia"

Yeah, remember this News, where the UK government essentially encouraged those damn pesky foreigners to Keep their trap shut?

> http://www.bbc.co.uk/news/education-37590044

I agree, that's pretty insane - and it is rather xenophobic, if not encouraging xenophobia.