The Telegraph has a nifty tool where you put in your income and it tells you how much tax you pay over a 43 year career, and where it goes.
If you earn 50,000 pounds you pay over 43 years:
- 219,000 pounds for welfare
- 110,000 pounds for health
- 83,000 pounds for education
- 43,000 pounds for interest
- 36,000 pounds for defence
Would be good to see some lifetime figures for NZ.Tags: United Kingdom