Who is rich?

comment by Boris 'Inky’ Gibson (U5901)
posted 56 minutes ago

Rather than tax cuts or raises, I’d far rather they focused on corporate tax avoidance.
=============================

I can't see Johnson being the person to take that on.
----------------------------------------------------------------------

I can’t see Johnson being able to dress himself in the morning so I hold out little hope of any vaguely sensible policy coming from him.

comment by _Viva_Vida (U6044)
posted 12 hours, 11 minutes ago
The tax cuts propose by BoJo seems like a gimmick to Tory members to secure votes.

The IFS did the forecast and said it would cost £9bn as laid out in the OP. Boris today has more or less promised increased funding for schools, police, social care and transport infrastructure. The two don't go together.

And yes, I regard someone who earns £80k a year as 'rich', 'well off', however you define it.
----------------------------------------------------------------------

Or hard working, but don’t define as rich. Say they are well rewarded for their skills and efforts.

"Or hard working, but don’t define as rich. Say they are well rewarded for their skills and efforts."

Like nurses and teachers, you mean?

comment by Boris 'Inky’ Gibson (U5901)
posted 14 hours, 26 minutes ago
comment by Glazers_Out (SE85) (U21241)

posted 31 seconds ago

comment by meltonblue (U10617)
posted 1 minute ago
Just as aside as well, it's not just wages that matter too. I know people that earn low wages but are well off in terms of both assets and disposable income because of inheritance allowing them to build up sizeable equity and so don't have similar outgoings to others.
----------------------------------------------------------------------

I fall into this cateogry. I earn less than 40k, as does my wife, but we're mortage free at 34 thanks to well off parents.

Makes our lives a hell of a lot easier.
----------------------------------------------------
There should be some form of Parental FFP.
----------------------------------------------------------------------

Must feel hollow being mortgage free at 34 when you haven’t earned it yourself though 😂

comment by gratedbean (U4885)
posted 45 seconds ago
comment by Boris 'Inky’ Gibson (U5901)
posted 14 hours, 26 minutes ago
comment by Glazers_Out (SE85) (U21241)

posted 31 seconds ago

comment by meltonblue (U10617)
posted 1 minute ago
Just as aside as well, it's not just wages that matter too. I know people that earn low wages but are well off in terms of both assets and disposable income because of inheritance allowing them to build up sizeable equity and so don't have similar outgoings to others.
----------------------------------------------------------------------

I fall into this cateogry. I earn less than 40k, as does my wife, but we're mortage free at 34 thanks to well off parents.

Makes our lives a hell of a lot easier.
----------------------------------------------------
There should be some form of Parental FFP.
----------------------------------------------------------------------

Must feel hollow being mortgage free at 34 when you haven’t earned it yourself though 😂
----------------------------------------------------------------------
It must feel brilliant.

comment by Winston (U16525)
posted 5 hours, 27 minutes ago
"Or hard working, but don’t define as rich. Say they are well rewarded for their skills and efforts."

Like nurses and teachers, you mean?


----------------------------------------------------------------------

Did I say they were well rewarded? I’m hard working, have key skills and am well rewarded. But never mentioned teachers and nurses.

Arouna Jagielka oooh I wanna take ya, Heitinga Nikica come on pretty mama (U1308)

The point just flew way over your head.

I agree that £50k is not a very high salary to pay 40% tax (+ 1% NI don't forget) but I really don't think it will happen for 2 reasons.

1) Blustering Boris is an accomplished liar/avoider of the truth.
2) If Brexit happens with no deal the collapsing economy will give such a reduction in tax revenue as to make tax cuts impossible and benefit cuts a certainty.

I'm not saying Clueless Corbyn is much, if any better but this tax change will never happen

comment by bomdia (U13941)
posted 3 minutes ago
I agree that £50k is not a very high salary to pay 40% tax (+ 1% NI don't forget) but I really don't think it will happen for 2 reasons.

1) Blustering Boris is an accomplished liar/avoider of the truth.
2) If Brexit happens with no deal the collapsing economy will give such a reduction in tax revenue as to make tax cuts impossible and benefit cuts a certainty.

I'm not saying Clueless Corbyn is much, if any better but this tax change will never happen
----------------------------------------------------------------------
decent comment!

comment by Winston (U16525)
posted 5 hours ago
Arouna Jagielka oooh I wanna take ya, Heitinga Nikica come on pretty mama (U1308)

The point just flew way over your head.
----------------------------------------------------------------------

Did what fly over my head?