Following the results of the YouGov poll we commissioned to survey people’s fiscal knowledge of our tax system and government spending we have put some of the questions online in the form of a quiz. How good is your fiscal knowledge?
The poll coincides with the launch of our new Fiscal Factbook that seeks to help inform the public about how much of our money government takes – and how it is spent.
Local business owners joined us in Grantham last Friday to raise awareness of our Freeze Business Rates campaign. As we have previously mentioned, business rates went up by 4.6 per cent in 2011 and 5.6 per cent in 2012, and they are set to rise by a further 2.6 per cent in April.
One of those joining us was Jo Churchill, of SLS Scaffolding. She said Grantham was in a perfect location for those who want to commute to Nottingham, Peterborough, and London, but empty shops do not generate a feel-good factor. This is not encouraging people to come and live there. When I mentioned to her that if this latest increase is implemented in April, there will have been a rise of almost 13 per cent in three years, she said, “Have any of us seen our business incomes go up by 13 per cent in that time? We haven’t. We can’t keep penalising people who are trying to earn a living by grinding them into the ground.” Continue Reading
The headline findings from the YouGov survey commissioned by the TaxPayers’ Alliance are as follows:
Despite those misunderstandings – which suggest that the public do not appreciate the full burden of government spending and taxes – most still believe that taxes and spending are too high, and do not expect the government to be able to afford pensioner benefits at their current level by the time they come to retire:
The Fiscal Factbook is a handy pocket-sized guide to how much the government takes from us in taxes, how that money is then spent and how much we really owe.
The 28-page booklet contains a number of eye-catching graphics to explain a variety startling statistics which every taxpayer should know.
Comment on the polling and release of the Fiscal Factbook, Matthew Sinclair, Chief Executive of TaxPayers’ Alliance, said:
“Politicians have spent decades tinkering with our tax system and making it more and more complicated and opaque.”Far too many people now do not understand how much they are paying and why there is so much pressure on their living standards. But they do understand that the tax burden has got well out of hand. The belief that the Government can or should continue to spend more of our money is now confined to a radical fringe.”Politicians of all parties need to set out strategic reforms to create a much more open and honest tax system that leaves more money in people’s pockets.”
The Taxpayers’ Alliance (TPA) teamed up with local business owners in Loughborough today to call for a freeze in business rates.
After rises of 4.6 per cent in 2011 and 5.6 per cent in 2012, they argue that the proposed 2.6 per cent hike in business rates from 1st April poses a serious threat to the continued existence of shops in Loughborough’s town centre, which could not only lead to reduced consumer choice, but also destroy jobs. Continue Reading
As reported in the Telegraph and the South Yorkshire Times today the failed South Yorkshire Digital Regional scheme is to be offloaded to the private sector at a cost of £1.3 million to the taxpayer. Doncaster Council took the decision yesterday to transfer ownership of the failed network from four local governments – Doncaster, Rotherham, Sheffield and Barnsley – to the private sector company Bouygue Energy and Services based in France because it is cheaper than shutting down the network completely. Continue Reading