The British want taxes kept low, but Gwladys Fouché discovers that in Sweden high rates underpin a successful societyPolitical parties have been vying to offer the biggest tax cuts as the credit crunch tightens its grip on Britain. In their view, low taxes are now the best way to get the economy going and to help out families.Cutting or keeping taxes low has always proved popular with the electorate: in 1992 the Conservatives’ election campaign slogan ‘Labour’s tax bombshell’ made the most of the then shadow Chancellor John Smith’s intention to increase the higher rate of tax from 40 to 50 per cent. Labour lost. Continue reading…
Source : theguardian.com
Read more…Sweden: Where tax goes up to 60 per cent, and everybody’s happy paying it
