Fitzy It's impossible to drawaline,which is why taxation must be progressive. At the moment, it isn't.
Marginal taxation rates for somebody moving from unemployment to employment are typically 85%. In other words, a person only gets to keep 15p of any pound earned.
Additional rate income tax for people earning over £150,000 is 45%. NICs are capped, so higher earners get to take home more than 55p of every pound earned.
Is that fair?
Someone needs to go back to Junior School himself.
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