Rising tax burden knocks UK
Britain slips down ranks on Heritage Index of Economic Freedom because of tax rises
The UK has slipped down the ranks of ‘fully free’ economic countries,
according to the Heritage Index of Economic Freedom ratings.
The Daily Telegraph reports that under Gordon Brown’s economic
management the UK has slipped down the rankings because of a growing public
sector burden and heavier taxes.
The UK has fallen from fifth to tenth place over the past two years.
The think-tank defines economic freedom as ‘the absence of constraint on the
production, distribution or consumption of goods and services beyond the extent
necessary for citizens to protect and maintain liberty itself’.