and still have some change left over to reduce personal and corporate taxation to compensate for the EU import duties that we will have to pay.
Um that's not right. If we leave the EU it's up to us what import duties we charge for imports into the UK. That's not the problem. The problem is what import duties the EU would charge for exports from the UK to the EU. They might make our exports uncompetitive, together with the absence of free trade and the possibility of restrictions. That's what the EU is, and the EU is our biggest export market. If companies currently in the UK want to supply the EU, they may well choose to move from the UK to another EU member state in order to maintain the absence of import duties and continue to enjoy unrestricted movement of goods.
I'm surprised at the lack of general lack of understanding of what would change if we left.
Think you need to re-write your last sentence again, to this.
I'm surprised at the lack of general understanding of what COULD change if we left.
I do not know what will happen and neither do you. You are surmising what may happen.
The threats are coming thick and fast now from the power makers in Brussels and some businesses BMW to name one. Why are the EU so concerned about the UK exit. I reckon it is because if we go the whole thing will come down like a pack of cards. The Germans and the French will do everything they can to try and hold it together. They may threaten tariffs on UK goods being brought into the EU. So what are they going to do if say Holland decide to exit, Denmark decide to exit, Austria(they will not take refugees now)Finland decide to exit, Sweden decide to exit.
Merkel has caused this and her stupidity over the refugee crisis has as good as split the EU asunder. The rise of the Front National in France , UKIP, Right wing movement in Austria and even inside Germany now, the vote in Britain will not be really about the EU, it is about the UK & EU being swamped by refugees and spongers.