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’?
Tom Baldwin, author of Starmer’s hagiography, spoke to Times Radio:
Tom Baldwin: “I think he’d like to do something. He’s very dutiful and driven by service. That’s why he came into politics. I think that’s characterised his time as prime minister. He hasn’t always sought popularity or been good at being popular. But I think he has some of the necessary qualities that we actually do want in a prime minister. That resilience, that relentlessness, that ability to carry the weight and the job really does weigh very heavily on people and he carries that weight very, very well.”
Jo Coburn: “NATO Secretary-General?”
Tom Baldwin: “I think that’s something that he would be interested in. I think it probably requires Andy Burnham’s government to support him in that and these are some of the questions which Andy Burnham has to resolve quite quickly.”