Chart of the week: Britain’s tax burden
When it comes to taxation, our approach resembles our geography: we are somewhere between Europe and the US, and this chart shows.
When it comes to taxation, our approach resembles our geography: we are somewhere between Europe and the US. The UK has the 22nd-highest tax-to-GDP ratio out of 80 countries, according to data from the OECD, an association of developed countries. In 2016, total tax revenues in the UK came to 33.2% of GDP; the range was 10.8% to 45.9%.
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