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Joined 2 years ago
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Cake day: June 26th, 2023

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  • In the UK there is a crazy band between £100k and £125k where for each two pounds above £100k you lose one pound from your personal allowance (personal allowance is £12.5k).

    The effective tax rate for this is 60% then it carries on at the regular 40%

    Always has struck me as odd.

    Never paid this rate myself because I don’t get paid enough. Apparently it disincentives doctors from doing overtime.


















  • You make a good point about prohibition, I guess that will have had a significant effect. Maybe there are more artisan spirits in the US now having been driven by people with secret stills making moonshine in that period. It’ll be interesting to see where you guys go with the relaxation of marijuana laws. Maybe people will be home breeding new strains.