tag:blogger.com,1999:blog-4433144336299288135.post4413765976381843479..comments2024-03-17T12:51:33.240+00:00Comments on Zelo Street: Sex And Drugs – Their UK RoleTim Fentonhttp://www.blogger.com/profile/00726447899972084146noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4433144336299288135.post-86208546300443312762014-05-31T09:18:40.959+01:002014-05-31T09:18:40.959+01:00Surely the actual GDP can't be changed - it is...Surely the actual GDP can't be changed - it is what it is. All this does is try to explain how it got there.<br /><br />and I love the idea of the Italians trying to get to grips with their shadow economy, accountancy is likely to become a very dangerous job there!SteveBnoreply@blogger.comtag:blogger.com,1999:blog-4433144336299288135.post-61919630766747746492014-05-30T21:16:07.639+01:002014-05-30T21:16:07.639+01:00If our GDP goes up, and our EU contributions rise ...If our GDP goes up, and our EU contributions rise as a consequence (I don't think they would for several reasons), wouldn't the only sensible response be to legalise and tax so that that part of the economy contributes fairly?<br /><br />Although I suppose it would become a large tax deduction in the city :)Ceebsnoreply@blogger.comtag:blogger.com,1999:blog-4433144336299288135.post-52914725543258457732014-05-30T17:20:25.431+01:002014-05-30T17:20:25.431+01:00since the changes are requested of all european co...since the changes are requested of all european countries, the relative value of UK GDP won't change much (around 12% of EU GDP).<br />however, since gross EU contributions are 1% of each member states GDP, any increase in GDP automatically lead to an increase in the amount paid for the NEXT 5-years EU budget negotiations ... just not now.<br /><br />on a side note, Italy is seen to have pioneered the statistical estimation of the "shadow economy".<br />and its methodology is actually praised :)<br /><br />Best regards,Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433144336299288135.post-39853163087871132232014-05-30T15:07:17.744+01:002014-05-30T15:07:17.744+01:00If our GDP goes up as a result of these new figure...If our GDP goes up as a result of these new figures, will we end up paying more in EU contributions?ashiehttps://www.blogger.com/profile/10293039068799898813noreply@blogger.com