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A comment on UK's elite hardware talent is being wasted. Parent comment

Re:UK's elite hardware talent is being wasted by fxtentacle on Monday January 20, 2025 @04:34AM (#42766766)
For a married couple in Germany, they reach 40% in effective tax rate somewhere above 600,000€ in combined annual income.

My take would be that once people have 100k€ in net annual income per person, they just do other things and work less because it brings them more happiness than the additional money would.

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Re:UK's elite hardware talent is being wasted by rpep on Tuesday January 21, 2025 @01:14AM (#42777122)
I’m 33, in the U.K. and my marginal tax rate is currently 66.7%, because the support you get for having children gets withdrawn between £60000 and £80000. If a promotion came up I would take it but it’s also at a point where I’m considering already dropping down to four days a week because of this. I don’t live in London so my life is very affordable. Save myself money on children’s nursery for a few years too…

https://taxpolicy.org.uk/2024/03/10/infographic_marginal_rat...

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