[Sephiroth]

Originally Posted by tweetiepooh

I know it's crude and doesn't work but £50 billion deficit divided over 70 million population is around £720 each. Now all 70 million can't pay as we have children and others in that number. But that really is only the deficit and doesn't do much for the huge debt. We do need to pay that off..

Actually, that's very insightful. If you take the working population, you're looking at £1,500 per person. That's per year of deficit. If the Guvmin splits that 50/50, as mooted, with departmental savings, we're back to tweetiepooh's £720 each (per year). Of course that'll be higher because the tax take will be weighted according to affordability sort of thing and thus higher earners will see a higher burden (never mind their mortgages).

All because that fool Truss spooked the markets. Jeez.