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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Moominoid who wrote (25272)11/10/2002 9:16:36 AM
From: maceng2  Read Replies (1) of 74559
 
peanuts compared to US salaries.

By the time UK government has finished taxing it, and paying 17.5% VAT and then the taxes on gasoline etc etc
Yes it becomes peanuts.

That figure of £97 hr came from that newspaper article. I have no reason to disbelieve it.

Also, success incentives in the USA were fantastic. The $401k was a money generator in itself. This was pre yr 2k though.
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