> over the £100k mark which here in the UK is a trap which means you pay 62% tax rate on every £ over 100k until £125k where it drops back to 47% for every £ over.
What's the rationale for having the tax rate drop at £125k? (Rather than stay flat or increase.)
What's the rationale for having the tax rate drop at £125k? (Rather than stay flat or increase.)