63% is not necessarily so bad. Income tax rates for the well off went as high as 95% at some points in UK history, and those do not seem to have been disastrous (indeed they seem to be some of the country's finest years).
And beyond that you're letting perfect be the enemy of good here. Eliminating the cliffs and capping the marginal tax rate of the poor at 63% is valuable progress. If you want things to get better you should celebrate the small victories, not treat them as an opportunity to complain more.
Money is fungible. If a salary increase of $1 leaves you with 37c in your pocket that's a de facto 63% marginal tax rate, however it happens to be structured for accounting purposes.
I don't understand how this got downvoted, because it's literally what happens.
Universal credit replaces a wide range of legacy benefits. One of the legacy benefits it replaces is "working tax credits". These were payments made to people who were working and on a low income.
This part of Universal Credit "tops up" your earnings from work. They are in addition to your earnings.
is.
When someone on UC starts working they get their pay from work, and on top of that they get their their universal credit minus 63 pence per pound that they earn from work.
In the past if you did more than 16 hours of work in a week all your benefit would stop, but under UC you can work over 16 hours in a week and keep the money.
Bringing up the marginal tax rates of the rich is a pretty weak defense of a >50% marginal rate for someone on welfare.
Yes, it's 'valuable progress'.
That doesn't mean complaints are invalid, or "letting perfect be the enemy of good". What a rubbish accusation. You're only letting perfect be the enemy of good when you use a problem as a reason to impede the weaker solution. This is a comment hoping for better. Don't shame that!
And beyond that you're letting perfect be the enemy of good here. Eliminating the cliffs and capping the marginal tax rate of the poor at 63% is valuable progress. If you want things to get better you should celebrate the small victories, not treat them as an opportunity to complain more.