Date: 2023-08-14 06:27 am (UTC)
ethelmay: (Default)
From: [personal profile] ethelmay
While tax rates were indeed much higher than today, the tax brackets and various forms of relief meant that no one was paying anything like 19/20 of their income to Inland Revenue. There's a fairly detailed explanation here if anyone is really interested: https://www.reddit.com/r/AskHistorians/comments/fn5171/why_were_british_tax_rates_so_high_in_the_1950s/
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