‪#‎EU‬ MythBusters: "EU membership costs us a fortune"

Traditionally, the UK net contributions to the EU budget are less than 1% of UK’s public spending. While all bigger and richer member states are net contributors, as a contribution per capita the UK is behind countries like Germany, Sweden, the Netherlands or Austria, Finland and Belgium.

The Confederation of British Industry estimates that EU membership is worth £3,000 a year to every British family — a return of nearly £10 for each £1 we pay in. And the budget for the whole EU is just 1% of GDP, compared to about 49% spent by national governments. That’s just 2% of our public spending each year.  http://www.richardcorbett.org.uk/eu-membership-costs-us-a-fortune/

This is a useful reminder of how much (or more aptly how little) our membership of the EU costs each taxpayer per day... just 11.8 pence per taxpayer per day (or £43.07 per year) which when compared with the CBI's own assessment that EU membership is worth (that is, brings a return value back) to each family of £3,000 per year makes the Leave argument on the grounds that it costs too much a total nonsense.