Monday 14 June 2010

Taxpayer hours 2010

Yes, I know the government are soon to announce the emergency budget with its inherent tax rises and spending cuts. But to help you rationalise the figures, the millions and billions of pounds, I've done some sums.
  • Median weekly income these days is about £497
  • Tax freedom day was 30th May
  • That's about 41% through the year
Therefore:-
  • One taxpayer hour is £5.10
  • One taxpayer week is £204
  • One taxpayer year is £10,600

So when the government spends £1,000,000, it takes about 94 people working for a year.

Thrilling stuff, I'm sure you agree.

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