3 ms·
> And all whilst we have one of the highest tax burdens in our history. It's easy to have a low tax base when you subsidise the state spending with North Sea O
by physicsguy 2y ago
> And all whilst we have one of the highest tax burdens in our history.
It's easy to have a low tax base when you subsidise the state spending with North Sea Oil from the 80s onwards... Prior to that we had really bad balance of payments crises from the Second World War onwards as the empire fell apart.
Low and middle earners in the UK pay pretty much the lowest taxes in Western Europe. We've eroded our tax base all over the place and somehow expect European services.