29 May, 2012

Tax Freedom Day

Today is Tax Freedom Day in Britain. Calculated every year by the Adam Smith Institute, it takes the proportion of our incomes we pay in taxes as a percentage of the year, showing the date on which we stop working for the State and start earning for ourselves.

Today, 29th May, is two days later than last year. Australia's Tax Freedom Day was on 4th April, America's on 17th April. France's will be some time in July.

This seems a good time to consider the benefits of small government, with this useful presentation by the Centre for Policy Studies:


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