Traditional families with stay-at-home mothers have been penalised financially by the Coalition and now pay more tax than the international norm, an official study found.
Yes, that\’s the way the story is being told. But it\’s not the important part of it at all. Look at these numbers:
In Britain, the single parent had seen the biggest fall in tax from 15 per cent of their earnings in 2000 to 8.4 per cent, largely because of the tax credit system. The single person’s tax rate fell from 32.6 per cent to 32.3 per cent.
The two-earner couple’s tax rate fell from 28.3 per cent to 28 per cent now.
However, the single-earner couple’s tax rate rose from 27.8 per cent in 2000 to 27.9 per cent.
Except for the single mothers a very minor jiggling around then.
A traditional British family with a stay-at-home mother that is classed by the OECD as well-paid – earning more than double the average wage – will pay 40.5 per cent of their earnings in tax, compared with an international average of 38.6 per cent.
But look at that! A family on 50k (average, ie mean, wage is about 25k) is paying 40% of all income in tax. Yes, these are average rates, not marginal rates.
Rather than look at the different rates, rates which show that we do indeed have a highly progressive tax system, look at the burden of those rates. You can\’t say we\’re a low tax country when the State is taking 40% of all the income of someone doing slightly better than average.
Do note, of course, that these are of all wages: at all stages of a career. A senior nurse, a police sergeant, skilled working lass if you like in the good years of their careers, they are paying 40 fucking percent of all income in taxes.
About time we hanged the politicians I think.