, the left-leaning economic think tank, shared with The Times, showed that most nations with a higher tax burden than Britain in the Organisation for Economic Co-operation and Development had better real wage outcomes. Sponsored France, Germany and Denmark, all of which had a greater tax burden than the UK between 2010 and 2019, also had better average post-tax disposable income. The UK's tax burden over the period was 32 per cent and the OECD average was 33 per cent. Only){kind=link}
Countries with higher taxes than the UK achieved better living standards over the past decade, new analysis has shown, prompting experts to challenge claims that lowering the tax burden is the only way to boost the economy.
Calculations by the Institute for Public Policy Research (IPPR), the left-leaning economic think tank, shared with The Times, showed that most nations with a higher tax burden than Britain in the Organisation for Economic Co-operation and Development had better real wage outcomes.
France, Germany and Denmark, all of which had a greater tax burden than the UK between 2010 and 2019, also had better average post-tax disposable income. The UK’s tax burden over the period was 32 per cent and the OECD average was 33 per cent.
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