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What Things Cost

Often in debates about public funds, there will be arguments along the lines of ‘why are you spending £10 million on x, when that could be used to pay for y which has a much greater marginal utility.’  However, as far as I’m aware there isn’t an easily accessible and exhaustive list of public pricings for different public policy choices- even budget papers require a lot of interrogation to get to allow you to get to useful comparison points.

That’s why the Guardian’s piece today on 23 things you could pay for with £10 million could be very useful. Even more useful is the spreadsheet at the end of the document, which gives the unit cost of a whole range of public and private goods, from teachers’ wages to house prices to energy bills to Prince Charles.

The Price of Everything

Tax liabilities: 20p, 40p and 50p- who pays?

This spreadsheet from HMRC shows the number of taxpayers who pay the basic rate, ‘higher rate’ (40p) and the ‘additional rate’ (50p) broken down by region.

The relevant spreadsheets start on page 16.

Based on those stats, I’ve put together the table below showing the proportion of people in each region paying each rate of tax for 2011-12. All these numbers are in thousands.

Income Tax Liability Statistics December 2011

Region All 20p (basic rate) 40p (higher rate) 50p (additional rate) 20p% 40p% 50p%
North East 1210 1080 101 5 89.26% 9.35% 0.41%
North West 3200 2770 318 18 86.56% 11.48% 0.56%
Yorkshire & Humberside 2370 2050 230 13 86.50% 11.22% 0.55%
East Midlands 2160 1850 232 12 85.65% 12.54% 0.56%
West Midlands 2530 2190 253 15 86.56% 11.55% 0.59%
East England 2850 2290 420 34 80.35% 18.34% 1.19%
London 3700 2840 670 94 76.76% 23.59% 2.54%
South East 4340 3390 720 67 78.11% 21.24% 1.54%
South West 2640 2220 295 17 84.09% 13.29% 0.64%
Wales 1380 1220 118 4 88.41% 9.67% 0.29%
Scotland 2570 2200 288 16 85.60% 13.09% 0.62%
Northern Ireland 737 652 64 4 88.47% 9.82% 0.54%
TOTAL 29687 24752 3709 299 83.38% 14.98% 1.01%