[hibeejim21]

Ahhh. The old brexiter trope about contributions returns, even at this late stage in the game.

How many times?  The contribution must be weighed against the financial benefits of our access to the single market. In 2011, the UK government estimated this to be between £30 billion and £90 billion per year — so a return on investment of between 800% and 2370%. According to the CBI its worth about 3k to the average family in Britain.

Does that figure include the rebate ?  Does it also consider that the European Commission also allocates funding directly to UK organisations, often following a competitive process. In recent years these funds have been worth around £1 billion - £2 billion to the UK.

As with all other members of the EU the UK is also a major shareholder in the European Investment Bank (EIB). It is the bank of the EU and works closely with the other EU governing bodies, investing in projects across Europe and around the world. I'm sure we have invested about 10 billion in it.

So you don't have to look far to see where the money is going.

It's not trope or tripe.

The rebate runs out in 2021-2022 even if we stay in as it will for Denmark and Netherlands. We pay £50 million a day, £350 million a week, £12 billion a year with the rebate but without the rebate it would be closer to around £16-£17 billion a year.

Getting 38p off the back of a £1 investment is bad business and bad economics and if any business traded like that in the real World then they would face going under. We are losing out on 62p for every £1 we send to the EU, where is the money going? 0762 is making assumptions on where the money is going and doesn't really know himself and you say that you don't have to look far to see where the money is going. Why don't the EU have a proper breakdown sheet of where the money goes? Why won't they be upfront about it? Something to hide possibly? None of us know where the money is going, the only people who know are the one's who work inside the EU, for all we know they could be creaming it off for themselves.

You hear the European Prime Ministers and Presidents in interviews on TV and they seem to be more worried about the EU losing the big hole to fill in the budget if we ever leave. Also as it stands the EU is 28 countries and they want to eventually expand it to 34-36 countries, the more countries which join the EU the bigger the contributions will be from France, Germany, UK (if we don't leave) and Italy.

Look at the Eurozone all signs are it's heading to another recession and crash and the ECB is trying to prop it up and bail out the Euro like it has done since the last Eurozone crisis.

The EU do provide a proper breakdown, you can google it. A return of our investment of over 800% is bad business ? Dearie me.

42 billion on agriculture and fisheries
41 billion on development of poorer nations
10 billion on research and development

Thats just the main ones. The biggest beneficiaries are Europes farmers, as you can see in the news the UKs are finally realising what no deal will do to them.

We get a lot, lot more back in investment and jobs for that 62p.