Britain’s tax system combines the worst of the US and Scandinavia

Posted by upthetruth1

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  1. It should be noted taxes on lower earners in the Nordic countries are higher than on low earners in the UK. Also, Personal Allowance has coincidentally ahead of the increase in the Triple-Locked State Pension since the Conservatives came to power in 2010 and implemented the Triple Lock. Now we’re seeing pensioners angry at Labour because their State Pension increase is about to pass the Personal Allowance threshold.

    The Personal Allowance doubled between 2010 and 2021.

    https://preview.redd.it/mc7cv1mp1l2g1.png?width=897&format=png&auto=webp&s=8c4361ebc28afab8ce8d250b57c40641258aebb5

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