In the UK where you are from, the top marginal rate is 13.8% employer NI (make n...

gd1 on April 4, 2016 | parent | context | favorite | on: Panama Papers: Mossack Fonseca leak reveals elite'...

In the UK where you are from, the top marginal rate is 13.8% employer NI (make no mistake, that money comes out of your pocket), 2% employee NI, and 45% income tax. Grand total = 60.8%.

So you're not far off.