Debate Magazine

What's the Problem Here?

Posted on the 08 May 2016 by Markwadsworth @Mark_Wadsworth

Tax Freedom Day is 31st May*.  Let's call that 41%  (ex the additional deadweight costs of regulations)
Rent Freedom Day is 5th May.  Let's call that 34%
That's 75% of income for tenants going out in tax in one way or another.
* 2015 number.

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