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this post was submitted on 28 Dec 2023
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A Boring Dystopia
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The UK tax bands will blow your mind.
Like 40% for anything over 50k. Which I'm fine with btw.
https://www.gov.uk/income-tax-rates
None of these people earn their fortunes in a way that is affected by income tax.
They're not taking billions in cold hard cash every year.
Ok, so capital gains tax then. It still kicks in at a fairly early point. Long before you're making millions.
https://www.gov.uk/capital-gains-tax/rates
It’s probably not bad when you factor in healthcare. Especially the middle class that doesn’t get free healthcare but also pays the same as the super wealthy.