How Rachel Reeves faces pushing burden on Brits higher than it has EVER been

Tax burden as a % of GDP

OBR predicts 38.5 per cent of GDP in 2030-31

40%

War of Austrian Succession

French revolutionary/Napoleonic War

WWII

War of Spanish Succession

Seven Years’ War

American War of Independence

Crimean War

Boer War

WWI

35%

30%

25%

20%

Projected

15%

10%

Records

switched to

national

accounts

taxes as %

of GDP

5%

0%

1700

1750

1800

1850

1900

1950

2000

OBR predicts 38.5 per cent of GDP in 2030-31

40%

War of Austrian Succession

French revolutionary/Napoleonic War

WWII

War of Spanish Succession

Seven Years’ War

American War of Independence

Crimean War

Boer War

WWI

35%

30%

25%

20%

Projected

15%

10%

Records

switched to

national

accounts

taxes as %

of GDP

5%

0%

1700

1750

1800

1850

1900

1950

2000

OBR predicts 38.5 per cent of GDP in 2030-31

40%

War of Austrian Succession

WWII

War of Spanish Succession

Seven Years’ War

American War of Independence

French revolutionary/

Napoleonic War

Crimean War

Boer War

WWI

35%

30%

25%

20%

Projected

15%

10%

5%

Records switched

to national accounts

taxes as % of GDP

0%

1700

1750

1800

1850

1900

1950

2000

OBR predicts 38.5 per cent of GDP in 2030-31

40%

WWII

War of Spanish Succession

War of Austrian Succession

Seven Years’ War

French revolutionary/

Napoleonic War

Crimean War

Boer War

WWI

American War of Independence

35%

30%

25%

20%

Projected

15%

10%

5%

Records switched

to national accounts

taxes as % of GDP

0%

1700

1750

1800

1850

1900

1950

2000