On 16-8-2009 1:51, Neeum Zawan wrote:
> On 08/15/09 18:30, clipka wrote:
>> Let's see...
>>
>> I make, say, 10000 quids which I have to tax at 20%, leaving me with
>> 8000 quids.
>>
>> Or I make, say, 20000 quids which I have to tax at 25%, leaving me with
>> 15000 quids.
> 
>     Is that really how it works where you're at?
> 
>     Over here, for example, the first 10,000 will be taxed at 20%. The 
> 25% rate only applies for the amounts exceeding, say, 10,000 - not on 
> the whole salary.

It has to, otherwise it would not be a monotonic.

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