3 ms·
Doubtful. The UK is practically at this point with generous benefits and a very progressive tax curve (you don't pay any tax on the first £12.5k of earnings).
by IshKebab 3mo ago
Doubtful. The UK is practically at this point with generous benefits and a very progressive tax curve (you don't pay any tax on the first £12.5k of earnings).
It seems like all it does is lock people into poverty with unreasonably high effective marginal tax rates.