Are we really being taxed until the pips squeak | Torsten Bell

Britons all pay a lower rate of tax than they did in 50 years agoWho pays what tax on their earnings and how has that changed over time? The answers are crammed into the chart, showing the overall level of earnings paid in income tax and national insurance. Here are the key lessons.First, we’re all paying a lower rate of income tax than we would have done in the past – tax cuts have been political bread and butter for decades. Actual income tax revenues held up, but only because risi