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That's why I said "effectively" - in practice, removal of the personal allowance for high earners, removal of child benefit for medium-high earners, and removal of other state benefits for lower earners all amount to a significant reduction in marginal take-home pay for income in the affected band.

My in-laws are both of a similar age, they both retired in their early 60s and have a mortgage on their main (and only) residence which runs until they are 75.

For those with school-age children, the earnings band between £50k and £60k sees the loss of child benefit, giving an effective tax rate on this £10k of: Child - 51% Children - 58% Children - 65% Children - 72% Etc.

This isn't correct. The loss of personal allowance isn't all at once on hitting £100k, it's lost progressively between £100k and (roughly) £123k. It's always worthwhile earning more!