The Tax Freedom Day calculation shows just how far into each year we spend working for the Treasury, before we earn any money for our selves.
Does it really seem right that on average we are all working a full 5 months before we earn any for our selves?
You will not be surprised to discover that Tax Freedom Day is getting later and later under Brown, it is now a full week later than just back to 2002. A whole extra week working for Brown.
As a nation have we really had value for money for this extra weeks work?
The Tax Freedom Calculation is determined by taking the Net Nation income and then calculating how much is siphoned off in the direct and numerous indirect stealth taxes.
More on this subject of how the calculations are made can be found on the Adam Smith Institute website (http://www.adamsmith.org/wrapper/)
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