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TAXING TIMES

Jeremy Corbyn would impose Britain’s highest tax burden EVER if he wins election

JEREMY Corbyn would impose the highest tax burden ever recorded in Britain if he gets the keys to No10, according to fresh analysis.

The Labour leader would have tax at 37.3 per cent of GDP, which is even higher than under Atlee’s post-war rebuilding government.

 Boris Johnson visits Washington, Tyne & Wear, while on the General Election campaign trail
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Boris Johnson visits Washington, Tyne & Wear, while on the General Election campaign trailCredit: PA:Press Association

But Boris Johnson would also take the UK’s tax burden to the highest since Mr Atlee’s government by raising the proportion of tax to 34.7 per cent of GDP by 2023/24.

The tax burden is already at a 50-year high and Mr Johnson’s decision to cancel a plan to cut corporation tax to 17 per cent will take that to a near 70-year high.

Taxpayers’ Alliance chief John O’Connell warned: ““The fact that the tax burden is already at a 50 year high should give us a wake up call in this election campaign.

“As it stands, both potential PMs will be whacking up taxes to higher rates than any of their post-war predecessors from their respective parties.”

 Jeremy Corbyn would have tax at 37.3 per cent of GDP
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Jeremy Corbyn would have tax at 37.3 per cent of GDPCredit: AFP or licensors

Attacking Labour’s plans, he blasted: “It's little wonder that a long list of freebies will mean a sharp increase in the tax burden.

"Corbyn claiming that their hare-brained pledges and state control of anything and everything can be paid for with minor tax increases on the few is ludicrous, and takes typical taxpayers for fools. Labour should be seeking to lower the burden on the working class, trusting people to look after themselves, their families and their communities."

John McDonnell admits EVERYONE will pay more tax under Labour
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