Ahead of the budget, the TaxPayers’ Alliance reports, More Britons believe the moon landings were faked than think that taxes are too low. Headlines include:
- People underestimate the real rate of tax on their income.
- Fewer than one in seven people realise the Government plans to increase the debt, not reduce it.
- Most do not understand the impact of Employers’ National Insurance.
- Most people have no idea how much money the Government is spending on their behalf.
And, earning the title of the article:
- Only a tiny proportion want higher taxes and higher government spending. More people believe that alien life forms have visited the earth in UFOs (19 per cent) than think the government spends too little and taxes us too little (12 per cent). 16 per cent said the current balance was about right, while 50 per cent thought the government spends too much and taxes too much – 64 per cent of those who expressed an opinion.
- People accept that the current level of retirement benefits is unsustainable. People are more likely to believe that the moon landings were fake and man has never visited the moon (13 per cent) than under 50s are to believe the government will be able to afford to provide the current levels of state pension and pensioner benefits when they retire (12 per cent).
As ever, the TPA has found an eye-catching way to illustrate information which, as can be seen in the results, if often too dry to attract attention it should. Their easy-to-read Fiscal Factbook is available here.