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People in tyhe 40% tax braket are amongst the richest few % in the country. this is indisputable. To most of the population me included this is riches that they will never attain. People earning that much are rich.
Says the man who owns multiple properties in one of the UKs most expensive city and then pleads poverty.
It’s rong, not wrong. This is the internet’s and you must play the game.
Sorry if you think I’m out of touch, I maybe in Yoir eyes but not really. I come into touch with people who have similar views, so that’s not out of touch, that’s listening to others who have thoughts about earnings and income and costs for running a family.
To make this absolutely clear:
I have no kids, it’s a choice decision made very early in my life. I have no dependants, nor do I intend to inherit any either.
If you think £1500 a month is unachievable, then you must only mix with people from your own peer group. In the same way I mix with people in my peer group.
We clearly have very different lives, and it seems income streams (based on your views about my perceived views) Not that makes much difference to the thoughts around what my estimated cost for a family of today to live on.
I purposely didn’t factor in the tax credits or child benefit allowances or other benefits that can be claimed for, purely because I have no idea and no need for them. Maybe you could enlighten us?
Start with say an arbitrary income figure of... ummmm... £2000 excl morts/utility’s, deduct what you think is about average for those morts/utilities then add back in tax credits and childcare benefits and other benefits and see where you end up..
I maybe stabbing in the dark here, but I’d guess tax credits are worth what? £250pcm, childcare allowance £300pcm? So add back in £550 to the net figure and let’s see what you can come up with.
Getting all stroppy and pointy fingering me becuse you think “I’m out of touch” simply outlines you are possibly not thinking about a lot of people who do earn an income and have £1500 net to spend..so You are out of touch.
Off you go, give it some of Your real world figures and calculations...
I, and a few others no doubt, are itching to see them.
And you are TJ, and I expect some sort of rebuttal...
*sits pensively scratching my arse.....
Gonefishing - I do not plead poverty. read my posts on this thread. I am rich by comparison to the average adn lucky / have good judgement with it.
Bikeboy - for the vast majority of this country the idea of having £1500 a month after housing costs is totally unattainable. thats the reality and you need a reality check. You idea of what tax credits is is miles off.I earn well above the average. I do not have £1500 a month left after housing costs and I have a comparitiuvly tiny mortgage.
really - claiming poverty on £50 000 pa is ridiculous
t
gonefishing
<div class="bbp-reply-author">tjagain
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I realise I am both lucky and rich owning two small flats between 2 of us which if we sold both would not pay for a 3 bed house with garden within pedal power of my work. I also earn just over the average wage, my other half well under.
Knowing I am relativity rich I would be perfectly happy to pay more tax. Even tho I am poorer than many of you.
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Amazon’s recent payment of tax was laughable. I know a bloke down the road who has just started a distillery, bringing employment, training and tourism to the town and his company has paid more tax in the past year than amazon. They’ve been open since may.
Your mate paid £4.5m in tax? And he's been open 3 months? Are you sure. He won't have even been paid any revenue until the end of Q3/4.