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Wednesday 12 March 2008

Fourth winner of the weekly NotaSheep "No shit, Sherlock" award

Declared early this week but the Telegraph's headline " Tax rise on middle class 'highest in the West'" will not be beaten.

The headline refers to an Organisation for Economic Cooperation and Development (OECD) report that states that "the proportion of salary paid by a typical family in taxes and National Insurance contributions increased from 25.8 per cent to 28.3 per cent between 2002 and 2007. The 2.5 percentage point rise is in stark contrast to most other developed countries. In the United States, tax bills dropped by a full two percentage points, while even in Germany, renowned for its high taxes, it dropped 0.1 percentage points."


Some more figures that come out of the OECD report are that : "British families with two children and one earner on the average wage saw their tax bill increase by some £1,243 between 2002 and 2007, based on the current median annual wage of £19,856."



Labour have been highly taxing the British middle class - "No shit, Sherlock"

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