Sunday, 8 May 2016

What's the Problem Here?

Tax Freedom Day is 31st May*.  Let's call that 41%  (ex the additional deadweight costs of regulations)

Rent Freedom Day is 5th May.  Let's call that 34%

That's 75% of income for tenants going out in tax in one way or another.

* 2015 number.


Mark Wadsworth said...


Bayard said...

Now reread that piece by Bruno Heilig with that figure in mind.