Tax Freedom Day

mkpdavies · 31-05-2005, 12:35 PM

http://www.guardian.co.uk/business/s...495635,00.html

Quote:

Today is the day when Britons can celebrate the end of working to pay their taxes for this year and start working for themselves, according to a thinktank.
The right-leaning Adam Smith Institute (ASI) calculates what it calls tax freedom day each year and says 2005's is three days later than last year.

"It's a glum thought but if you are an average British citizen and you started work on January 1 this year, every penny that you have earned up to now has in effect been taken away by the Treasury," says Eamonn Butler, ASI director.

Are the pips squeeking yet?

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