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> he mentioned he's getting taxed at 48-50% on top of this.

The highest income tax bracket is 45%, and you only pay that rate of tax on the money you earn past £125k – you don’t pay that rate on your entire income.

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thats incorrect. you lose your tax free allowance, which is a furtger 12,500 tax paid. Plus you need to consider graduate tax and the interest on those 'loans' which currently sits at 4.5%

But you're still only paying the lower rates on income until you hit £125000, and at that income those student loans aren't gonna exist for long.

they will exist for a while because you need to get to that level in your career. People rarely leave uni and get 100k+ jobs. If you leave uni and find a job paying at 50k and you get increases of 2.5% each year, it will take over 20 years to repay.

Its an even higher tax rate if you buy 50,000 of drugs with your money and call it a heroin tax.

what on earth?

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