[Gllug] [JOB] - Perl developer in Linux environment

[paul at ma1.se]

David Damerell wrote:
> On Friday, 10 Nov 2006, paul at ma1.se wrote:
>> Its understandable due to this governments stealth taxes. On PAYE you 
>> get to this barrier of around £25k (or whatever it is) then you are on 
>> the 40% higher rate.
> 
> 33K, which isn't exactly peanuts, and I'm not sure how income tax -
> which IIRC I've known about since about the age I learned what money
> was at all - counts as a "stealth" tax.
> 

OK "Fiscal drag" would be a more appropriate term to describe earnings 
rising at a faster rate than tax bands and allowances.

Since 1997, the number of higher-rate taxpayers has risen from 2 million 
to 3.3 million.

regards


Paul Lee
www.ma1.se

-- 
Gllug mailing list  -  Gllug at gllug.org.uk
http://lists.gllug.org.uk/mailman/listinfo/gllug