Anorak News | Bankers Pay For You

Bankers Pay For You

by | 8th, October 2008

THE Croydonian looks at the evil bankers:

Well, “Large banks accounted for about 30 per cent of the UK’s corporation tax receipts last year, according to a study by PwC“. FT 14/8/8

I make CT receipts £51.3 bn, and 30% of that is £15.4 bn. Here is a list of 2008 spending, take your pick. You could have half the defence budget, or tertiary and secondary education spending at central government level or a quarter of old age pension spending.

And that’s before income tax, business rates etc etc.

The UK is a service economy..

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Posted: 8th, October 2008 | In: Reviews Comments (3) | TrackBack | Permalink