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     Keith Sansum1 wrote:

    Still pushing towards right


    What?

    In 2021/22, UK government raised over £915 billion a year in receipts – income from taxes and other sources. This is equivalent to around 39% of the size of the UK economy, as measured by GDP, which is the highest level since the 1980s.

    In the 2022-23 tax year, there will be over six million people paying income tax at the higher rate of 40% on income over £50,270. The rise is significant; in 2019 there were 4.3 million people paying tax at the higher rate. The number paying the 45% additional tax rate on income over £150,000 has also increased, from 421,000 to 629,000.

    Billions borrowed during Covid for furlough to stop economy collapsing.

    Now talk of borrowing up to £100 billion to (foolishly) cap gas/electricity bills.

    NHS commissioning budget for 2022/23 £153 billion (Over £2250 for every man woman and child in UK)

    Pushing towards the right?

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