What a Happy New Year

Britons will spend every penny they earn during the first five months of next year on taxes, a leading think-tank has calculated.

Yup.

From first Jan to the end of May, every single penny that you earn will go off to be spent by Gideon and Dave (and the legacy plans of Gordon of course) and not a single sous will be available to be spent by you on your desires.

Sure, some amount of government, therefore taxation, is both necessary and desirable.

But perhaps not this much, eh?

3 comments on “What a Happy New Year

  1. By some measures (eg OM) the government uses 52 % of our money. So take into account all the forward payments and debt interest etc committed to, and we work for the gov till well into July.

    That’s right, isn’t it ?

    Alan Douglas

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