tax freedom day
Happy Tax Freedom Day - 30 May 2011
It may pass many by unnoticed but 30th May is a milestone for employees across the UK. Why? It is Tax Freedom Day!
Tax Freedom Day aims to answer a very basic question: ‘how much are Britons actually paying for government?’
Each year the boffins at the Adam Smith Institute calculate how many days you have to work each year to pay off your taxes. This year it is exactly 5 months. So once we reach the 1 June everything you earn is effectively ours. Today is the day you stop working for the government and start working for yourselves.
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