Tag: Tax As % Of Gdp - Tax Policy Associates

Posts tagged "Tax As % Of Gdp"

Government revenue relative to 2025

—= UK Advanced economies =< Advanced economies minus US —. United States

—— Germany = France Japan Canada = italy

South Korea

Australia —=——— Spain == Netherlands Poland

20

0, T ; T T ; T 1 1 T 1
1980 1985 1930 1995 2000 2005 2010 2015 2020 2025 2030

Apr 29, 2026 Analysis

Tax will go up but public services will get worse. This is why.

UK tax as a percentage of GDP is on course to be the highest since 1945. Over the next four years it will increase further. Government spending won’t increase as a percent of GDP over this period; given the ageing population, that means public services for most people are likely to decline. This article looks […]

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6 COMMENT

With all due respect Prime Minister, Margaret
Thatcher would be cutting taxes not raising
them

She would have known that higher taxes and spending spell the death knell for our
recovery

LORD YOUNG

6 October 2021+ 8 00pm

n his speech at the Conservative Party conference, Boris Johnson invoked the
I name of Margaret Thatcher in support of his decision to increase taxes to fund

extra spending on health. She would have said, he went on, that increased
borrowing today would mean higher interest rates and higher taxes tomorrow.With

respect, Prime Minister, she might well have said that, and she might well have felt

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Jun 8, 2022 Analysis

Mrs Thatcher – tax snatcher?

Mrs Thatcher is still heralded as a tax-cutter by many. But what actually happened to UK tax revenues, as a proportion of GDP, over her premiership? They went up a lot, then down a fair bit, but not as much as they went up. Was this the result of specific policy decisions to raise tax? […]