The tax burden on British working people is the worst in 40 years, according the the Adam Smith Institute. Tax Freedom Day – how long into the year the average person would have to work to pay their annual tax bill – is today this year, meaning Brits worked 162 days solely to pay off their tax bill. That’s six days later than last year thanks to Labour…
The ASI also predict that under Labour’s high tax and spend agenda, Tax Freedom Day will fall on 24 June in 2028, making the burden for Brits worse than it was during World War Two and The Napoleonic Wars. That won’t help Labour ahead of the next election…
Meanwhile those with the ‘broadest shoulders’ are carrying the greatest burden, with the top 1% earners paying 28.2% of the total UK tax and the top 10% paying 60.2%. As co-conspirators know, Reeves has been killing that golden geese. Shadow business secretary Andrew Griffith said:
“It’s no wonder a generation of top talent are fleeing. Tax ‘Freedom Day’ comes later every year because for too long politicians have not been honest about living within our means. We need to cut spending to give Britain room to grow.”
What happened to no tax hikes for ‘working people’?
Sarah Pochin at Reform Scotland’s manifesto launch event: “I really wanted to come on in a Reform tartan burka, but apparently I wasn’t allowed… One day let’s do one of these events not live-streamed. We’ll do all the naughty stuff…”