30 May, 2011

Tax Freedom Day

The Adam Smith Institute reminds us that today is Tax Freedom Day: from 1st January until 29th May Britons were working for the State, to  pay their taxes. At 149 days this is 3 days longer than last year.

One of the reasons for this is that since the Coalition came to power the State has increased in size by 3%.

It takes a special kind of political incompetence to receive opprobrium for making cuts while in fact raising spending. 

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