Following that long rant, I knocked up a bit of a chart. Stolen shamelessly from the Adam Smith Institute (to whom all cudos must go) I've coloured it in a little, to make my point.
In red are labour govenements, in blue are conservative ones. Now, boundary years are a bit iffy, because...well...if govenment changes midyear, what colour is the year?
What this chart shows is the say of the year when you stop paying all your earnings to the taxman, and start keeping it yourself.
What does it show? It shows me that, overall, with the exception of Marget Thatcher the conservatives tend to take less money off you. And even in her case....well, its debateable now, 25 years later, if she did the right thing.
Labour, on the other hand, don't seem to do so well.
No comments:
Post a Comment