Business & Life

Business & Life

A place to share thoughts and insights.


The Tax System Explained - Using a Beer Analogy

10 Jan 2020 2 minute read 0 comments CryptoCat

Suppose that once a week, ten men go out for beer and the bill for all ten comes to £100. If they paid their bill the way we pay our taxes, it would go something like this... The first four men (the poorest) would pay nothing.The fifth would pay £1.T...