The UK Gov completely fucks you, but so do other countries.
It’s worst back in Romania, our net is arround 55%,regardless of income, at least in the UK you charge less tax on your low income and even no tax for the very low ones. I remember a case arround 10 years back where temp teacher that only worked lime 10 hours a week ended up owing the government money because their income was not enough to cover the taxes.
Daddy gov has a hand in everyone’s pocket. I don’t have a problem with taxation, i have a problem with ridiculous government spending.
The second has smaller incremental changes and allows for people to earn more money before paying a higher tax. This would make employment more competitive and drive up the standard of living.
I would also attract others to the UK from other countries to work here and, if we lowered industrial taxes too it would invite more companies to set up in the UK and create employment for the people.
Why, this isn’t already being done is absolutely beyond me.
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The UK Gov completely fucks you, but so do other countries.
It’s worst back in Romania, our net is arround 55%,regardless of income, at least in the UK you charge less tax on your low income and even no tax for the very low ones. I remember a case arround 10 years back where temp teacher that only worked lime 10 hours a week ended up owing the government money because their income was not enough to cover the taxes.
Daddy gov has a hand in everyone’s pocket. I don’t have a problem with taxation, i have a problem with ridiculous government spending.
It is generally worse elsewhere.
[Link](https://en.wikipedia.org/wiki/Tax_rates_in_Europe#/media/File:Payroll_and_income_tax_by_country.png)
MX5 is a far better car then the Viper.
The UK is pretty bad but it is mostly down to how the tax system is engineered:
* 0-12,500 = 0%
* 12,500-50k = 20%
* – 50k-125k = 40%
* 125k+ = 45%
It’s a pretty bad system really. It keeps wages/salaries low and the steps between brackets are sudden and large.
A better system would have it done in 10% stages, something to the effect of:
* 0-20k = 0%
* 20k-50k = 10%
* 50k-100k = 20%
* 100k-150k = 30%
* 150k-300k = 40%
* 300k+ = 50%
The second has smaller incremental changes and allows for people to earn more money before paying a higher tax. This would make employment more competitive and drive up the standard of living.
I would also attract others to the UK from other countries to work here and, if we lowered industrial taxes too it would invite more companies to set up in the UK and create employment for the people.
Why, this isn’t already being done is absolutely beyond me.
I figured net pay would be a navy mini…[like this one](https://www.flickr.com/photos/nwvt/5484139788)