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UK Tax System Hold My Beer

UK Tax System Hold My Beer

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Economists: people don't understand marginal tax. If your tax rate increases above £100,000, you don't suddenly lose money when you earn £100,001 UK tax system: hold my beer Huge incentives for high-earning parents to keep taxable income below £100,000 Average post-tax earnings: parents with two young children, 50 hours of childcare in London (£'000) Post-tax earnings Post-tax earnings ...minus childcare expenses Better off earning £99.9k than £100k-£114k Pre-tax earnings Example is for family with two children under three. Assumes London monthly childcare prices from the Survey of Childcare and Early Years Providers 2024. Source: IFS *FT
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Пост с сатирическим комментарием о британской налоговой системе и графиком, показывающим, что родители с высокими доходами могут оказаться в худшем финансовом положении после превышения порога в £100 000 из-за налогов и расходов на childcare. Фраза «hold my beer» усиливает шутку: система будто бы решила превзойти экономический парадокс ещё более нелепым правилом. EN: A satirical post about the UK tax system includes a chart showing that high-earning parents can be financially worse off after crossing the £100,000 threshold because of taxes and childcare costs. The phrase “hold my beer” heightens the joke, suggesting that the system has managed to top an already absurd economic paradox with an even stranger rule.

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