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Cyclefrance · 06-21-2006, 04:49 AM

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.

View Poll Results: Is Tone Blown? Feelings are mixed - as a distanced observor, what's your view?
Tony's our man - no one could replace him	0	0%
Tony's made some mistakes - a change might be a good idea	1	20.00%
Tony's now become a liability - let the MPs decide his fate	2	40.00%
Tony shouldn't waste time - he should publish a timetable to step down	0	0%
Tony's well past his sell-by date - he should resign now - period	2	40.00%
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06-21-2006, 04:49 AM	#11
Cyclefrance Pump my ride! Join Date: Aug 2005 Location: Deep countryside of Surrey , England Posts: 1,890	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. __________________ Always sufficient hills - never sufficient gears

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