Why Are UK Salaries So Low Compared To the US?

The UK pays lower salaries than the US, that’s a fact, but have you ever wondered why? Well, one of the most surprising reasons is the high level of taxation in the UK. Income tax and national insurance contributions (NICs) take a large chunk out of people’s salaries in the UK, while social security taxes … Continue reading Why Are UK Salaries So Low Compared To the US?