Re:Why higher-income workers in California may get surprised...
by nly on Sunday October 08, 2023 @06:30AM
(#37809317)
Highest marginal in the UK is technically 47%, but for certain bands and life situations it can be as high as 80% (loss of certain benefits phased in at certain income thresholds)
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Re:Why higher-income workers in California may get surprised...
by infinityio on Sunday October 08, 2023 @08:37AM
(#37809918)
Can you provide an example of this for an employee of a company? I can't figure out a way of making that the case - even inside the "60%" (in relative terms) band - at £125k your actual tax burden is 36% (44% incl. employer contributions)