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The extent of Labour's tax grabs was highlighted yesterday when it was revealed that every household had seen its tax burden increase by 45% since Labour came to power. The figure equates to an annual increase from around £14,000 per household in 1997 to something over £20,000 now.
Income Tax receipts had risen by £8 billion in one year to £131 billion in year 2005-2006.
Based on current legislation, some of which takes effect in coming years, predictions are that the tax burden per houshold will increase by another £2,500 per year by 2010.
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Always sufficient hills - never sufficient gears
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