ErrmmmDecember 14, 2007 Tim WorstallEuropean Union4 Comments Over the next ten years Britain will send £71 billion to Brussels – equivalent to £10.2 billion a year. ?? previousClive Crook on OilnextTimmy Elsewhere 4 thoughts on “Errmmm” Ian Bennett December 14, 2007 at 2:42 pm I guess he means “Over the next six years” (later on he mentions “the six year period”), and there’s some inflation-correction built in. But at first I assumed that they’d forgotten to include VAT (not that anyone would do that, oh no). Ian Bennett December 14, 2007 at 2:50 pm Correction; he’s quoting gross contribution for one figure and net contribution for the other, AND over different periods. Page 4 of the linked document explains: “The UK’s total gross contribution to the EU will be around £71 billion over the seven years of the next financial perspective.” Matthew December 14, 2007 at 3:58 pm This could of course be solved by a Land Value Tax. Gallimaufry December 14, 2007 at 5:52 pm Surely £71 billion is cheap when one considers the manifold benefits of membership. A free pen for Milliband maj. for example. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.