«Breaking News» Tax burden on British businesses and families hits 50-year high at 34.6%

Taxes on households and companies have hit their highest level in 50 years, figures reveal.

The tax burden has soared to 34.6 per cent of gross domestic product – surpassing the 34.4 per cent recorded in the early Sixties.

In its 2017 manifesto, the Government promised to keep taxes as low as possible for businesses and working families. 

But MPs piled criticism on the figures, compiled by The Daily Telegraph and the TaxPayers’ Alliance.

In its 2017 manifesto, the Government promised to keep taxes as low as possible for businesses and working families

Former Cabinet minister Priti Patel said: 'It’s an embarrassment to this or any government to take so much money from hard-working taxpayers'

Priti Patel, a former Cabinet minister, said: ‘It’s an embarrassment to this or any government to take so much money from hard-working taxpayers.

‘Lower taxes promote economic freedom which leads to more growth, more jobs and more money in people’s pockets. That is the only – and the Conservative – way forward.’

Owen Paterson, another former Tory Cabinet minister, added: ‘These figures are shocking. High taxes slow economic growth.’

The TaxPayers’ Alliance warned that forecasts indicated tax take is likely to be maintained at the same level over the next five years. A Treasury spokesman said 32million people would in fact see their income tax bill reduced next year.

Linkhienalouca.com

https://hienalouca.com/2018/12/03/tax-burden-on-british-businesses-and-families-hits-50-year-high-at-34-6/
Main photo article Taxes on households and companies have hit their highest level in 50 years, figures reveal.
The tax burden has soared to 34.6 per cent of gross domestic product – surpassing the 34.4 per cent recorded in the early Sixties.
In its 2017 manifesto, the Government promised to keep taxes as low as p...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

Dianne Reeves Online news HienaLouca





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