March 6, 2007


The tax burden is at its heaviest for 20 years warns the IMF (Daily Mail, 6th March 2007)

Gordon Brown has lifted taxes to the highest level for more than 20 years, the International Monetary Fund declared yesterday. [...]

The IMF pointed out that Britain's tax to Gross Domestic Product ratio - an important measure of the tax burden - was now at almost 38 per cent, a level it last hit in the mid-1980s.

Meanwhile, George W. Bush has the federal tax burden down to levels we last hit in the 50s.

Posted by Orrin Judd at March 6, 2007 8:17 AM
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