Money: Freedom From the Taxman ; May 31 Marks a Very Special Day in the Calendar. Why? It's Tax Freedom Day Jane Hall Reports

Daily PostMay 30, 2005

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Summary


' LITTLE else is required to carry a state of the highest degree of opulence from the lowest barbarism but peace, easy taxes and a tolerable administration of justice,' said Adam Smith in 1755.

Exactly 250 years on, peace and justice are both still a state of mind rather than a certainty, and taxes are anything but easy - especially on our purse strings.

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Money: Freedom From the Taxman ; May 31 Marks a Very Special Day in the Calendar. Why? It's Tax Freedom Day Jane Hall Reports

We all know we have to pay them, but few of us enjoy seeing our hard earned cash winging its way into the Treasury coffers.

And as each year goes by, we could be forgiven for wondering why we bother to work as an increasing proportion of our take-home pay goes on council tax and all those other niggling levies we have to pay towards the 'efficient' running of our nation.

Gordon Brown undoubtedly believes that the years since Labour was first elected in 1997 have seen 'Britain's economy blossom,' but taxpayers' may not share th...

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