Birdwatch Note Rating
2024-04-29 20:00:13 UTC - HELPFUL
Rated by Participant: 1755F4E20169B30F4F8ECB14F3147BCAD9119B94D36DB1BCF4CC1E966013C370
Participant Details
Original Note:
Brexit costs UK workers about £5k in additional tax per year on average. GBP devaluation of 15% compared to pre-Brexit, on total imports of £895bn, costs each UK worker ca. £4k per year if fully passed on. The additional tax lost of £40bn costs £1.2k. https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/bulletins/uktrade/december2023#:~:text=9.,in%202023%20(Table%203). https://researchbriefings.files.parliament.uk/documents/CBP-9366/CBP-9366.pdf https://www.itv.com/news/2022-12-20/brexit-costs-government-40-billion-a-year-in-lost-tax-revenue
All Note Details