
One thing we can all agree on is that taxes are up. “The people in the engine room of the economy are increasingly prevailed upon to stump up more,” says the Telegraph. The Lib Dems say the middle class are being “squeezed” as “soaring taxes” are “clobbering families”. Even the Guardian is wondering, “What are we paying for?” In this strange new country, “high-tax Britain”, a More in Common poll has found that voters associate the Tories with higher taxes more than Labour. But we must stop agreeing on this, because it isn’t true.
Yesterday, the OECD (an intergovernmental organisation representing 38 member states) published its yearly report on wage taxation. You didn’t read it, because you’re nothing like as tedious as I am, but it has plenty to say about your tax bill.