Share 'And We Think We Have it Bad - Check Out the UK'
I just read where the Adam Smith Institute has announced the UK Tax Freedom Day for 2011. Are you ready for this?
Brits work for 5 whole months, to earn enough to pay all of their taxes for the year.
Their Tax Freedom Day is May 30, 2011. That means that 40.8% of everything that they earn, goes to Her Majesty's government.
And we thought we have it bad, at around 30%. But this is where we'…
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