In the UK if inflation is 10% and you get a 10% pay rise, as the tax bands don't change you get a real take home increase of 8.3% and the government get 14.6% additional income from you.
Assuming you earn an average income of 30k

In the UK if inflation is 10% and you get a 10% pay rise, as the tax bands don't change you get a real take home increase of 8.3% and the government get 14.6% additional income from you.
Assuming you earn an average income of 30k

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