Wednesday, October 01, 2008

Keeping up with the Joneses

Yesterday's Daily Telegraph exposed that Londoners subsidise the rest of the UK to the tune of £2,000 each.

Today's Western Mail tells us that Wales has a tax take of £9.1bn less than the spend.

Both are based on figures published by Oxford Economics.

I guess they're referring to the same study discussed on the blogosphere by Dylan Foster-Evans and on John Dixon's Borthlas blog at the end of July and start of August.

Keep up, lads.

For those interested, much of the difference between the tax take and tax spend is 'central' expenditure, which is largely defence - an independent Wales wouldn't be building new Trident weapons or wasting £1bn on the Olympics. Read the above links for more information.

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