Although they still get proportionately less on any amount over the threshold. Incentive destroying enough in itself.
But tax and NI are only a small part of the taxes we pay, it's not just the obvious indirect taxes like VAT and fuel duty and on savings, we also pay for all the business taxes and red tape, like maternity pay, corporation tax etc that is passed on to us via prices. The wasteful state costs us all unless we are part of it.
Society has actually changed less than we think since the days of kings and the robber barons, we just have different names and justifications.
But tax and NI are only a small part of the taxes we pay, it's not just the obvious indirect taxes like VAT and fuel duty and on savings, we also pay for all the business taxes and red tape, like maternity pay, corporation tax etc that is passed on to us via prices. The wasteful state costs us all unless we are part of it.
Society has actually changed less than we think since the days of kings and the robber barons, we just have different names and justifications.
Comment