"The size of the state is currently 45% and heading north. As Robert Colvile put it recently we have had “one-way Keynesianism” in which Chancellors are happy to run deficits when times are tough but don’t then pay them down when recovery comes. The overall tax burden is on track to reach 38% of GDP the highest level since the war and a full 11 percentage points higher than in 1993. And believe it or not Britain has the most progressive tax system in Europe, with high earners paying more relative to the average than anywhere else (the top 0.1% of earners pay more income tax than the bottom 50%).
...
The minimum wage is now two-thirds of median hourly earnings, the highest it has ever been, and one of the highest in Europe. Meanwhile, the regulatory burden on business has never been higher and the relative ease of hiring and firing established during the Thatcher era has been substantially reversed, even before the current employment legislation is enacted."
Os ingleses já nos ultrapassaram no socialismo:
"Average household income in Poland is on target to be higher than Britain by 2031. No wonder so many who moved here are going back."
"Why are so many Poles returning home?By the end of this year, Polish living standards are forecast to match those in Japan and Poles who were working across Europe are returning home. So how has the former communist country managed its economic miracle? And will it last?"
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