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> If marginal taxes are 50% (..) that's a net 25% pay rise Only if you’re not paying any taxes currently :-)
by kgwgk 6y ago
> If marginal taxes are 50% (..) that's a net 25% pay rise
Only if you’re not paying any taxes currently :-)
- alkonaut 6y agoYeah that's probably the wrong way to express it (hadn't had coffee). If I get $N pay rise, it's only a $0.5N net pay rise, which makes it much less attractive.