Britain must be taxed more than America to pay for it's socialist programs. How much exactly is Britain taxed?
Britain must be taxed more than America to pay for it's socialist programs. How much exactly is Britain taxed?
Gavin James
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Robert White
fuck off
Kayden Bailey
We have the best trading routes in Europe.
Landon Miller
25%
Ethan Ross
Neither of those really answer the question.
Samuel Brooks
America spends a fuckload on its military doesn't it?
Jaxson Thomas
Yes, but that wasn't what I was asking about.
Charles Mitchell
Could just type UK tax rate into google
Charles Gonzalez
>so the UK doesn't have to.
The US military literally pays for UK social programs.
Joseph Jenkins
20%
After you earn 45k a years its 40%
And after you earn 100k it's 50%
Nicholas Baker
20% (after £11,000 tax free)
Also 20% on most purchases (VAT)
Julian Turner
ok so who is the threat that europe is protected from? russia? china? north Korea? LOL
Dominic Cook
The high operating costs of running a business, combined with endless Government regulation, UK banking practices and multi-national profiteering, remains a major contributory factor that's induced a negative affect by forcing UK businesses to mark-up their goods and services far higher than is compared with many European and other countries in World - especially the USA! The end effect leaves UK businesses little option but to charge higher retail prices upon consumers. However, contrary to what many people may believe, 'home-grown' UK business profit margins are not excessive as compared with other 'home' businesses in the G8.
Elijah Watson
What is VAT?
Jackson Myers
A 20% consumption tax applied to pretty much every single product for sale in the UK.
But its included in the price as displayed on products.
David Wilson
If you geniunely want to know, you're either too lazy or stupid to search. I will point out though that you shouldn't fall into the trap of thinking 45% tax rate in income applies to all income, only earnings over a threshold that most people do not or will not ever reach.
Caleb Cruz
Value added tax
Thomas Mitchell
Value Added Tax paid on non-essential purchases.
Isaac Cooper
>tfw finally reached that threshold
Feels good and shit man.
David Edwards
Sales tax
Liam Walker
Thank you all for providing me with the information.
Mason Cook
You're welcome cousin.
Dylan Scott
Plus extra 12% national insurance (i.e. Tax Part 2: Electric Boogaloo)
Then you have fuel duty (about 50%), VAT at 20%, insurance premium tax at 7%(?), stamp duty, capital gains tax, council tax, road tax, inheritance tax, etc