Pooling and Sharing of wealth make everyone's wealth grow faster

Re:Pooling and Sharing of wealth make everyone's wealth grow... by yardstick on Saturday September 02, 2023 @05:46AM (#37359979)

You forgot the additional 13% in employers NI.

Edit: which yes takes it to 43% not the 45% I originally wrote.

Now enjoy paying another 20% VAT on any goods and services

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Re:Pooling and Sharing of wealth make everyone's wealth grow... by consilient on Saturday September 02, 2023 @07:59AM (#37360692)

> You forgot the additional 13% in employers NI.

Only the part of that that would actually be passed through to you as salary in the absence of the tax could reasonably be considered part of your tax burden. Hard to say how much that is without any information about your field or employer, but I guarantee it's less than 100%.

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