|
Re: [Update] The Liberal-Conservative Coalition
Quote:
Originally Posted by Flyboy
Another interesting piece of data from that article suggests that taxation as a percentage of GDP, relevant to the first thirteen years of Tory government, from nineteen seventy-nine, was higher than the same period for the Labour government. So on the face of it, another myth busted it would seem.
|
You appear to confusing taxation (as a whole) with personal taxation - of the £516.6 billion net of tax revenue in 2008-09, £156.7b was income tax, NI £97.7b, and VAT £82.6b. Over £100b was raised by Capital Gains Tax, Inheritance Tax, Stamp Duties, Corporation Tax, Business Rates, and other Taxes and Royalties.
__________________
Thank you for calling the Abyss.
If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare.
If my post is in bold and this colour, it's a Moderator Request.
|