British tax burden at 50-year high, according to TaxPayers’ Alliance

British tax burden at 50-year high, according to TaxPayers’ Alliance

The TaxPayers’ Alliance campaign group has called for lower taxes as ‘poorest’ families struggle with current levels.

The TPA, linked to the Atlas Network of free market advocates, said the UK’s tax take was at a 50-year high of 34.6 per cent of GDP.

National current receipts are at a 21-year high as a proportion of GDP at 37 per cent.

“For all the talk of increasing taxes to help the poorest the truth is that the steady growth of the tax burden often hits precisely those families the hardest, leaving them with less money to pay for the essentials,” chief executive John O’Connell said.

“Other countries like the US and Australia are cutting taxes and we should be looking to replicate that to boost the economy and ease the burden on the most hard-up taxpayers.”

 

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2018-12-04T09:23:36+00:00December 4th, 2018|
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