Andy Mayer
mayerandrew.bsky.social
Andy Mayer
@mayerandrew.bsky.social
COO & Energy Analyst at the Institute of Economic Affairs.

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Note this doesn't include all the taxes paid by working people, or the taxes paid by those not working. On household median income ~£34.5k and ~40% tax as a share of GDP it's ~7 households per worker saved.
April 15, 2025 at 10:39 AM
Losses per day & workers: theguardian.com/business/202...

Average UK wage: ons.gov.uk/employmentan...

UK tax wedge: oecd.org/content/dam/...
April 15, 2025 at 10:39 AM
Average UK wage in 2024 ~£37.5k.

Average UK tax wedge on a single worker 2024 ~31%

Average UK worker tax contribution from labour ~ £11.6k

Number of workers taxes required to save one job ~8.
April 15, 2025 at 10:39 AM