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Old 4th May 2005 | 10:19
  #8 (permalink)  
Dangerman
20 Anniversary
 
Joined: Jun 2003
Posts: 12
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From: Essex
Ah yes, but you did say "If I assume that I am 'Joe Average' ..."!!

You personally may well be paying more than that, that figure is arrived at by simply dividing the total tax take by the population, which is a pretty simplistic approach to take. For someone on £50k I would hazard a guess that it would be more like 50%, rising to perhaps 60% for someone earning over £65k.

Ouch, now my brain hurts too!!
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