For anyone not wanting to read into the Reddit thread and is also from the US, it seems the “normal” tax rate is ~40% for people in the UK. So, 23% is a fairly large tax break.
I dunno how accurate that is, but if it’s wrong, Cunningham’s Law absolutely applies.
And it’s still correct that it’s a massive tax break.
The fact we have a massive tax break on capital gains compared to workers incomes is a shame on society in general and is basically the root of increasing inequality.
I was there a few times. The beer was good and the pub atmosphere was kinda cool. Some random girl took me around the underground/after hours club scene in London once, so that was unique.
It was a good number of years ago though and lots of booze was involved, so I think I had some wicked-cool adventures?
For anyone not wanting to read into the Reddit thread and is also from the US, it seems the “normal” tax rate is ~40% for people in the UK. So, 23% is a fairly large tax break.
I dunno how accurate that is, but if it’s wrong, Cunningham’s Law absolutely applies.
It’s not - he paid capital gains tax on a capital gain.
And it’s still correct that it’s a massive tax break.
The fact we have a massive tax break on capital gains compared to workers incomes is a shame on society in general and is basically the root of increasing inequality.
And it won’t be fixed by people who benefit from it
Americans? Do they visit this place? Why would they?
Cause it’s important to, at least, vaguely stay up to date o the news happening in countries that have a big presence on the world stage
just in case they find oil 😆
Aaah I see you’re a smoker of the devils lettuce. ;)
I was there a few times. The beer was good and the pub atmosphere was kinda cool. Some random girl took me around the underground/after hours club scene in London once, so that was unique.
It was a good number of years ago though and lots of booze was involved, so I think I had some wicked-cool adventures?
Bad! Wrong!
The UK is a shitole beyond compare and I will have nothing good said about our shitole!
Well, y’all did give us the imperial system of measure, so I am really bitter about that. That is absolutely unforgivable, actually.
Because browsing new of all is the only way to use lemmy