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Dextrous63
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Dextrous63 is offline
Manchester, UK
Joined: Jan 2016
Posts: 7,727
Dextrous63 is male  Dextrous63 has posted at least 25 times and has been a member for 3 months or more 
 
19-11-2017, 04:00 PM
1

A taxing puzzle

Hi. Just made up this little poser.

Imagine a new tax system in which if you earn between £0 and £999, you pay 0% tax.

If you earn between £1000 and £1999, you pay 1% tax,
if you earn between £2000 and £2999, you pay 2% tax,
if you earn between £3000 and £3999, you pay 3% tax,

etc etc.

At what point would it not be sensible to get a pay rise as you'd end up netting less than before?
 

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