http://politics.guardian.co.uk/eu/st...352751,00.html
Remember this is from the Guardian, so is heavily biased in favour of a sell out.
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But the chancellor faced sharp criticism himself, with a British Labour MEP saying that the auditors' report showed that Britain was a net recipient of EU funds last year. Terry Wynn, chairman of the European Parliament's budgets committee, said Britain had paid in €9.97bn in 2003 but if the "own resources element" (import and customs duties automatically collected for EU coffers) is excluded, the net payment was €7.87bn.
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Oooh what a lie. I love the way he decides we should ignore a huge amount of cash we hand-over to help his argument against his own much better informed party collegue!
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Chris Davies, chairman of Liberal Democrat MEPs, said: "With accounting improvements in hand it's time that the European commission stopped allowing itself to be treated as a punchbag for eurosceptics and hit back."
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Every Lib Dem supporter should read this and cringe that they have put people INTO phpbb_the EU that are happy to turn their backs on Britain for the sake of their gravy train.
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The Treasury also claims that Britain's contribution is normally understated by up to €1.5bn a year because of the treatment of import and customs duties as EU money when nine out of 10 of the goods landed in the UK are destined for British customers. British officials added that 2003 was an exceptional year because of compensation for previous years' overpayments but the outcome was a €2.7bn net contribution.
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Good to hear they underestimate the billions of pounds we hand over each year :roll: We ouldn't want the people knowing the truth now would we!