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by ck425
1392 days ago
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I'm curious, do we actually have higher taxes than most other countries and if so in which specific areas? Personally a well paid individual no dependants I find the Tory focus on cutting taxes ridiculous but I'm aware I'm ignorant of how we compare to other countries. |
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I earn a (healthy) 95k. I pay 35% in NI and Income tax. I'd pay another 9% in student loans if I wasn't lucky. So 44% total deductions
https://listentotaxman.com/?year=2022&taxregion=uk&age=0&tim...
In France I'd pay the exact same rate overall (95kGBP->112kEUR)
https://salaryaftertax.com/fr/salary-calculator
I think this sums up the UK: European style taxes, US Style public services.
Cynicism aside for a minute, I think we have a real issue in the UK with a diminishing tax base: fewer and fewer people contribute and they have to contribute more and more of their incomes and everyone gets less and less services.