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Old 6th July 2007 | 19:02
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ThreadBaron

ThRedBearOne
 
Joined: Jun 2005
Posts: 602
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From: Where my heart is.
Your pay = 100%
Taxman's take = 33%
Your take = 66%

Until you reach the higher tax bracket ... and then the taxman's take = more for that element above the normal tax bracket

Easy really!!!!!
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