by Simon 8 Replies latest social current
June 3 marks the UK's Tax Freedom Day, the date when UK workers officially stop earning for the Governement and start working for themselves.
This year's Tax Freedom Day, calculated by the Adam Smith Institute, is the latest it has been for nearly two decades. In 2005, the date fell on May 31 and the year before fell on May 27.
http://www.thisismoney.co.uk/tax-advice/article.html?in_article_id=409575&in_page_id=11&ct=5
Interesting. Of course, the obsession with low income tax leading to tax on nearly everything we buy means that the poor will be working much longer to pay their proportion to the government, and the rich will have done their bit by mid-April.
Labour and Tories base every election campaign on lower taxes and locking more people up, better health, more police, better education........in other words, more of everything and less to pay. Can't be done. Why do we lap it up year after year?
Anyone have north american statistics?
Anyone have north american statistics?
USA: http://www.adamsmith.org/index.php/blog/tax_freedom_in_the_usa/
Canada: I don't think you've had yours yet...
Might help if I actually write some text before I press the submit post button!
Anyway, this Labour government we have has really shown it's true colours - it tried to portray itself as progressive and forward thinking, but instead we've gone back to the old 'tax and spend' policies of the past. Has all the extra billions spent (of our money) on the health service made that much difference, or all the money spent on transport etc etc etc?
The road system is worse than ever though fuel tax is the highest ever, we are getting more and more congested as a country especially where I live in the south east.
I pay well over 1,200 pounds in tax every month and then most things I buy have a 17.5% tax added on!
It's not how much you spend on something that determines how good it becomes - it's how well you spend the money that counts.
I would like a return to a government that lowers taxes which increases productivity, and a government that spends our money wisely - not just throwing money at every problem hoping that it will go away. Trouble is it isn't going to happen.
Thing is, a lot of the readers on here won't realise that our tax includes free healthcare and a huge social welfare program. When you need it, it is there. I guess some other countries would have to add the figure they spend on their families healthcare etc to come to a comparable date.
April 26 in 2006 (USA)
I pay well over 1,200 pounds in tax every month and then most things I buy have a 17.5% tax added on!
Flippin' 'eck SAB - I don't even earn that much in a month!
The tax man is very nice to me though, he gives me all my tax back every month plus a little extra.
Ya wanna swop jobs?
