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Old June 13th 18, 10:43 AM posted to uk.transport.london
John Williamson John Williamson is offline
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First recorded activity at LondonBanter: Aug 2009
Posts: 136
Default Plan to pedestrianise London's Oxford Street scrapped

On 13/06/2018 11:30, Recliner wrote:

I realise that you're not, and never will be, a high earner, so you can be
excused for not knowing that some people in Britain have marginal tax rates
of more than 20%. In fact, the top UK tax rate is 45%, plus 2% employees’
primary class 1 rate above upper earnings limit, so effectively 47%.

Then again, at the bottom end, if you take withdrawal of benefits into
account, some people have an effective tax rate in excess of 100%. I
know one person who, if they work 20 hours a week instead of 16, is less
well off in spite of working more, as they lose some in work benefits.

--
Tciao for Now!

John.