UK Tax-to-GDP Ratio Approaches 40 Percent
The United Kingdom is heading toward a tax-to-GDP ratio of over 40 percent. Historically, the UK tax-to-GDP numbers have not reached levels of 35 to 37 percent. This shift occurs amid discussions regarding debt stock relative to national income.
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Sources · 7 independent
Bloomberg Radio
“historically, when you look at UK tax to GDP numbers, all countries, one of the odd things about countries and tax, all countries seem to have their own limit when it comes to the percentage of GDP they're prepared to stump up in tax. And historically for the UK, it's not around 35, 37%. And we're now heading for over 40%”
Bloomberg Radio
“not around 35, 37%. And we're now heading for over 40%”
Bloomberg Radio
“not around 35, 37%. And we're now heading for over 40%, We”
Bloomberg Radio
“not around 35, 37%. And we're now heading for over 40%, We those cuts come again before we get to the butt”
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