Showing posts with label government spending. Show all posts
Showing posts with label government spending. Show all posts

Saturday, 30 July 2011

A Billion



Our politicians talk in billions these days and it can be a difficult number to comprehend, but one advertising agency did a good job of putting the figure into some perspective in one of its releases.

A
A billion seconds ago it was 1959.

B
A billion minutes ago Jesus was alive.

C
A billion hours ago our ancestors were living in the Stone Age.

D
A billion days ago nobody walked on the earth on two feet.

E
A billion pounds ago was only 13 hours and 12 minutes, at the rate our government is spending it.

Stamp Duty
Tobacco Tax
Corporation Income Tax
Income Tax
Council Tax
Unemployment Tax
Fishing Licence Tax
Fuel Tax
Inheritance Tax
(tax on top of tax)
Alcohol Tax
VAT
Marriage Licence Tax
Property Tax
Service charge taxes
Social Security Tax
Vehicle Licence Registration Tax
Vehicle Sales Tax
Workers Compensation Tax

Not one of these taxes existed 100 years ago and Britain was one of the most prosperous nations in the world.

We had absolutely no national debt.

We had the largest middle class in the world and Mum stayed home to raise the children.

What happened?


A visualisation of $ billion can be seen here.

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