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Originally Posted by You Are Gay
Do you have any idea what tax burden we're under at the moment.
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Are tax burden figures meaningful though? Whichever way you're looking at it (personal deductions from your pay or as % of GDP taken up by government spending) I'm not really sure any sensible observations can be made. If I look at my payslip and fantasise about what I'd do with the extra 25% (or whatever) if there was no taxes but the economy would be so radically different that I almost certainly wouldn't be in the same type of employment I am in anyway. Even if I was, then I'd have to make some kind of social contribution to roads, I might have to have health insurance of some description, etc, etc.
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Say you're earning £30k a year you're paying AT LEAST 60% of your earnings in tax (at an absolute minimum). I think it's more (i.e. 70%) but i dont have figures to hand.
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I don't think this is accurate, depending on what you're talking about. Someone on £30k will pay about £8k in tax/NI, or about 26% of their earnings. If we say that they spend their remaining £22k on normal VAT rated goods that'd be another £5k in tax. So that'd bring them up to 43% of their pay. Maybe if they spent most of their money on cigarettes and fuel it might hit that rate (cigarettes are about 60% tax, I think).
Of course, you can start factoring in the cost of the food they eat and what % of that is the tax on the fuel that it required to transport, but that's a bit dodgy.