Sky News
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UK taxpayer facing historically high burden
Posted
September 29, 2023
Views
28,444
Likes
186
Comments
171
Engagement
1.26%
September 29, 2023
28,444
186
171
1.26%
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2:28Now PlayingAnalysis by the Institute for Fiscal Studies' has suggested the UK's tax burden is the largest since the Second World War.
Taxes have been rising sharply, either by stealth or declared policy, to keep up with election promises and demand for public services starved of investment during the previous decade.
Calculated as a share of GDP, the tax take will have risen to 37% by the next election, a 4% increase since 2019 and a figure not seen since the 1940s.
#tax #money #politics
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