Money and Government

Apr 24, 2017 18:07

The UK takes in 34.4% of GDP as tax*. This is a bit less than the EU average (35.7%), about 6% less than Germany (40.6%), and a chunk less than the countries at the top end (Sweden at 45.8%, France at 47.9%, Denmark at 50.8%).

Is this the major source of the UK being awful at providing a safety net at the moment? Or are there other things that play a significant part in exacerbating the situation?

And are those figures comparable? In the UK that 34.4% has to cover the vast majority of healthcare, while in Germany healthcare looks to be largely on top of that - which would have an effect there (Although that would make the overall figures even higher in Germany).

I'm not actually sure how much I trust the figures in this case either. That page has the USA at 26%, whereas the figures here show total US taxation as either 18% (Federal), or 42% (Federal, State, and Local).

*All figures from here.

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