Monday, 24 May 2010
Britain's spending on war
This table shows that after pensions, healthcare, education and welfare, UK military spending is the fourth biggest consumer of tax income, at £43 billion ($62 billion). By comparison education spending is £80 billion and transport only £13 billion. Britain's GDP is £1.4 trillion and its overall government spending £633 billion. As a % of total government spending defence is 6.7%. Compared to US military spending - at $1 trillion or 30% of spending, Britain's is low. But it is still around £1000 per adult in the country. I am not at all happy that that much of my tax money is going on the military.
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