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    If you went out and bought, say a microwave, for £120 and are a basic rate taxpayer in work under 65 - think of this.

    You will have paid VAT on the purchase. It will have been bought out of an income on which you will have paid tax and National Insurance and your employer will have paid NI as well.

    To earn the money to buy that microwave results in the taxman getting £92.95 total tax out of you and your efforts.

    Imagine as well.... To give you your job that generates the ability to buy that microwave your employer has to generate revenue of £192.95, plus then having to get enough to pay for your workstation, tools or whatever else you need to do your job. Materials have to be paid for, admin has to be covered..... think of just how much money has to be generated by economic activity just so you can buy that microwave.... Your employer then has to make a profit and get some income for himself from that activity.... That is all without any employer pension costs as well....

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