Brits pay more tax than Germans
The British public are paying more tax than Germans for the first time in over ten years.
The findings are the result of figures published by the Organisation of Economic Co-operation and Development which were revealed yesterday.
Since 1997, when the Labour government came to power, UK government tax revenues have increased by 2.4%.
The tax burden increased from 35% of national income in 1997 to 37.4% OECD average in 2000. The OECD average increased by 0.7% through the same period.
And things are set to get worse if, as expected, Gordon Brown revises his growth forecast for this year. The only feasible way to cover the hole in government budget would be a further tax increase.