05 March 2007

Middle classes hit hardest

Extract from ‘Middle classes are hit hardest in the pocket’, Daily Mail 5 March 2007:

Middle earners are bearing the brunt of the highest tax levels for a quarter of a century to prop up failing public services, a report concludes today. … A family with £45,000 a year in disposable income will see 48.7 per cent of it disappear in direct and indirect taxes. ...

A study, from the centre-right think tank Reform, warns ‘Taxes are rising to their highest level for 25 years. … the billions of pounds raked in to increase spending on schools and hospitals have been squandered in a decade of Labour rule. … Its writers say Britain is ‘very poorly placed internationally for the next ten years, with low taxation and excellence in education crucial for future success. … Less than half of children currently achieve five good GCSEs including English and maths.’

The report... warns that on current trends, from 2012 young people can expect to pay high taxes and compulsory payments towards higher education and pensions. The effective tax burden for a typical graduate will be 47.6 per cent, before any other costs of living are added on.
My comments

There are constantly being new proposals for increasing the burden of taxation, such as prolonging compulsory education, setting up databases, including fingerprinting for 11-year olds, ID cards for all, monitoring and charging for every mile driven by every motorist, more money to be spent on treating obese or alcoholic children and taking them away from their parents, inspectors to invade houses at any time to see if there have been any improvements which could be used as a justification for raising the Council Tax, which is needed to provide ‘help’ and intervention for the dysfunctional, and so on. But who is complaining? It shouldn’t take my IQ to realise that the object of the exercise is to reduce the most intelligent, functional and independent members of the population to poverty, and dependence on a population of agents of the collective (doctors, teachers, social workers etc) with a low average IQ.