Tag Archives: taxes

Spending our taxes

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Just to follow up on yesterdays post on Tax freedom day, I realise I didn’t mention how much the EU spent. Thankfully due to an article brought to my attention by Penny Dreadful I can now correct this, as the Telegraph have all the gritty details all 9.2 billion of them! 9.2 Billion being the “Amount British taxpayers contributed to the EU in 2010.”, which makes the (presumably additional) “£3 billion Amount of ‘stealth taxes’ to be levied on Britons under European Commission plans to generate one third of the EU budget by 2020 using direct taxation powers. ” Quite … Continue reading →

Tax freedom day

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Continuing my grand tradition of being late to the part it would seem that yesterday was Tax Freedom day the day of the year when we on average stop working to pay taxes and start working for ourselves. A mere 149 days into the year and an average of 40.8% of our income gone and that’s the taxes paid. Of course depending on what you buy, how much your earn etc. you own personal tax freedom day may have been a while back or you may have yet a bit to go. Tax freedom day would be a lot later … Continue reading →

For the removal of all doubt

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during his appearance on “10 O’clock Live” Bob Crow has proved himself an utter idiot. His genius idea for solving the current financial crisis (it was all caused by the bankers don’t you know, not by years of Government borrowing)is …. a tax on e-mail. He reckons that charging just a penny per e-mail would solve the whole fiscal dilemma we find ourselves in, after all which would we rather a mere penny per e-mail or to lose meals-on-wheels and hospitals. So lets just ignore how on earth you’d actually collect such a tax, or what you’d do about all … Continue reading →