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Old 15-05-2008, 12:04 PM   #2 (permalink)
monaghan
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Join Date: Apr 2006
Posts: 507
Default Re: 40% tax bracket is £36000?

That's the problem, £36K is not a lot for "us lot down south". A single person (assuming traditional 3*salary calculation) couldn't get a mortgage for even a basic 1 bed house in our town until they are well into the high rate tax band.

High rate tax used to be for the rich, now it's for the average man in the street
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