is it true that the more ur increment of ur salary the more increment of ur tax.?

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is it true that the more ur increment of ur salary the more increment of ur tax.?

2007-07-11 01:17:15 · 2 answers · asked by Patience O 1 in Business & Finance ➔ Taxes ➔ United Kingdom

2 answers

The Dems discovered that in the US. Years ago.
The Swiss have been doing it to the tune of 90% max tax over a given number. After that, one works for 10% take home pay.

2007-07-11 01:23:17 · answer #1 · answered by ed 7 · 0⤊ 0⤋

Yes very true, the more you make the more % they take in taxes. You may be able to look up the % tax bracets for salary online.

2007-07-11 01:24:48 · answer #2 · answered by Melanie 3 · 0⤊ 0⤋