Tax Hikes, Brexit, and the Great UK Dilemma
Think those budget tax bumps are a win‑for‑Britain move? Think again. The coming budget is adding tens of billions of pounds to the national trezor to compensate for what the opposition calls Labour’s blunder: ditching the EU forever. The Rejoin EU Party is arguing that this is a straight‑up waste of money and should be replaced by a reentry into the European mess.
Why Re‑Joining is the Fix
- Entering the EU’s single market and customs union could help the UK pull in an extra £40bn in tax revenue a year.
- Putting an end to the “Brexit bureaucracy” would cut the over‑head that businesses now need to survive.
- Investment confidence would get a boost, so borrowing costs could trim down.
Andrew Smith’s Take
According to Rejoin EU Party chairman Andrew Smith, “Brexit is the problem, but tax rises are all wrong. Signing up for a return to the EU will give the Office for Budget Responsibility a solid evidence base to project growth.”
What the Numbers Say
The government is nagging the public with “tax rises” that amount to roughly the same amount that Chancellor Rachel Reeves is doing in her budget.
In short: If the UK went back into the EU, those pesky tax hikes might disappear – or at least be replaced by a healthier economic picture. And that’s a prospect the Rejoin EU Party is cheering for.
