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Nick T
@nt
fig 1: UK total tax revenue (#3 in the world at a small fraction of the population of #1 and #2) fig 2: the vibe when living there this makes very little sense to pretty much anyone I talk to
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Leo
@leosn.eth
My marginal tax rate is 50%+ I am 25 years old Yes I have good salary and a student loan (9% tax) but do I want to face this marginal rate for what should be the most prosperous decades of my life? No I do not
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Nick T
@nt
My least favorite thing about how they tax is that they break it down into chunks with different names to trick you into paying more, and then take it automatically without you ever knowing how much you really pay - Income - NI Contribs - Employer's NI - VAT
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