How are you voting in the EU referendum?

[Tiberius]

People were misled and lied to.

That's a given.  What about, though, what were they promised?

In a nutshell:

1) The UK would regain control of its borders, meaning that EU citizens can no longer simply come to the UK and live / work without needing a visa. On the other hand, UK citizens have now lost the right to live / work in all EU countries too. Many "leave" supporters think that immigration from the EU is a massive problem and needs to be stopped.

2) The UK would no longer have to follow EU regulations for trade. Internally this means more freedom for business owners, however the UK will have to renegotiate 40 years worth of trade agreements. In order to continue trading with EU countries as well, its likely that they will have to follow EU regulations anyway.

3) The UK will not have to follow any EU laws. It's a bit like a US state seceding, where they keep their state laws but no longer have to follow federal laws.