My marginal income tax rate is 71%, does this happen in your country?
>>546123100Yes.
>>546123100you need to be making £130000 simpleton
>>546123384Not worth it, I just salary sacrifice into my pension to keep taxable below 100k
>>546123100That's a chart of free healthcare.
>>5461237089% of the 71% is student loan repayments, which work like income tax here
>>546123100Looks like you need a second job to bump over that cliff
>>546123270kek
>>546123100Why does the marginal tax rate go down if you make more gross income? Shouldn’t it keep going up?
>>546124535Because there's a tax free band from 0-£12,570. But once you earn over £100k they reduce the tax free band by £1 for every £2 you earn. So this functions as an additional 20% marginal tax rate on top of what you're already paying from £100k to £125,140. Above that it drops down to 45% plus 9% student loan plus 2% national insurance.
>>546124812We also, retardedly, have two income taxes, called income tax and national insurance. The 2nd of those isn't paid by people over 65, so basically boomers get lower taxes and workers get fucked.
>>546125000Holy shit thank god we separated from you guys. I make $180,000/yr and my top marginal rate is 24% and INB4 “muh healthcare” the NHS is AIDS and I have good insurance through work
>>546125447no actual human poster from UK or Canada or wherever is going to brag about their health system. anyone who does that shit has very limited experience with hospitals
>>546125447Not even the NHS, it's the fucking boomer state pensions that cost like 25% of all government spending.But because they vote loads they keep getting it raised above inflation/wage growth.
>>546123100This can’t be real.
>>546125590It is, and it would be 77% if I also had a postgraduate student loan, but I didn't do a postgrad degree
>>546125541It’s just so shocking to me how much less you guys make than us and how much more you’re taxed on how little you make. I guess being poor here is objectively worse but honestly it’s pretty easy to not be poor here as long as you’re not retarded.
>>546125541this desuanyone who touts le free Healthcare has never had any serious issuesSure its nice amberlamps and various minor things are covered by xyz provincial medical plan which is why we have such ardent Healthcare defenders™ but when you are actually fucked its 3rd world tier hence why we have so much medical tourism to the usa for expedited care
>>546124812>Because there's a tax free band from 0-£12,570. But once you earn over £100k they reduce the tax free band by £1 for every £2 you earn. So this functions as an additional 20% marginal tax rate on top of what you're already paying from £100k to £125,140.>Above that it drops down to 45% plus 9% student loan plus 2% national insurance.Government pseudo math to steal your money.
Fucking brutal. The worst thing is basically every country in the world is like this where the average person gets fucked by their government, only the uk takes it to 11. The usa was the only decent place to live on the earth and that won't last many more years
>>546124812i see>>546124535it doesn't make sense policy wise but it is mathematically sound
>>546125737I spent hours and hours in the emergency waiting room throwing up every 20-30 mins. watched an endless conga line of brownoids with minor ailments come to emerg, do all the paperwork, and leave after waiting for 45 mins. nurses spent most of their time calling for people who had left. it's a completely abused and broken system.i almost died of renal failure and the midnight black doctor couldn't tell me what caused the vomiting, and blamed me for not coming in sooner
>>546125841It's a fucking stupid policy (thanks Gideon "George" Osbourne!) that encourages high earners to not take overtime or go down to 4 day weeks to avoid marginal rates of 62-77%. Even worse is if you have kids (I don't) and lose all free childcare (about £7k worth) immediately on going from £99,999 to £100k, an effective marginal tax rate of 700,000% on that single pound. Another Gideon Osbourne special!And no chancellor has any idea about fixing it.
>>546125827yeah there is no fucking escape at all. even 150 years ago you could find a forgotten chunk of land and just remove yourself from the system. now you're tracked by IR satellites that can see your heartbeat and cutting down a single tree anywhere results in thousands of dollars in fines or beheading by local criminals depending on the stability of the surrounding area
>paying ((taxes))kill yourself wageslave if you're not going to point the finger at massa
>>546126061>>paying ((taxes))>kill yourself wageslave if you're not going to point the finger at massaIt's bizarre that so many people can't see that taxes are theft.
>>546125541Anyone with a three digits IQ here knows the healthcare plan is "don't get sick, never take physical risks, etc". I don't even bother using NHS services. It's just written off as an expense for boomers. >>546126045>even 150 years ago you could find a forgotten chunk of land and just remove yourself from the system.You didn't even need such extremes. Life in 1926 England would seem like libertariianism compared to 2026 for a White man.
>>546126360oh shit for sure just going back to more sensible times would be like taking a veil off, but back then if for some reason you hated all of it, you could just picrel
