Thread: The Chronicles of Rishi
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Old 10-02-2023, 17:18   #356
1andrew1
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Re: Rishi Sunak is Prime Minister
Quote:
Originally Posted by Sephiroth View Post
Properly planned and executed, lower taxes and proper investment is the way forward.
As ridiculous as it might seem, our taxes (with NI) in the UK are probably too low to maintain the appropriate level of spending on the NHS, defence, education and other key services. We cannot be a Singapore and through NATO we are committed to being a key player in Europe's defence.

Quote:
The United Kingdom ranked 23rdą out of 38 OECD countries in terms of the tax-to-GDP ratio in 2021.

In 2021, the United Kingdom had a tax-to-GDP ratio of 33.5% compared with the OECD average of 34.1%. In 2020, the United Kingdom was ranked 25th out of the 38 OECD countries in terms of the tax-to-GDP ratio.
https://www.oecd.org/tax/revenue-sta...ed-kingdom.pdf
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