Reply to post: Re: equal taxation

Hi Amazon, Google, Apple we might tax you on revenue rather than profit – love, Europe

David T-Rex

Re: equal taxation

You don't give up 45% of your earnings in tax. It's banded. You get your allowance taken off then you pay some at 20% then some at 40%. It's only once you hit 150k (after allowance has been deducted) that you pay 45% on earnings above 150k

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