Suspicious Discontinuities

Re:Suspicious Discontinuities by akvadrako on Friday February 21, 2020 @01:31AM (#22381321)

It’s not a cliff and sounds like a step in the right direction, but it’s still effectively a 63%+whatever marginal tax rate.

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Re:Suspicious Discontinuities by scott_w on Friday February 21, 2020 @02:05AM (#22381433)

I can’t remember the exact benefit numbers (they might overlap with National Insurance) but you don’t pay income tax until you’re earning over £11,000 so you shouldn’t pay marginal tax while on benefits.

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Re:Suspicious Discontinuities by evanpw on Friday February 21, 2020 @06:46AM (#22382458)

Losing benefits as you make more money has the same effect as being taxed on that marginal income.

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Re:Suspicious Discontinuities by scott_w on Saturday February 22, 2020 @12:57AM (#22389662)

I don’t dispute that at all, I’m just saying the marginal tax brackets themselves don’t kick in until later.

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