Do a U-turn on tax credits, George Osborne – or you’ll never be prime minister

[darmstadt]

What absolute tosh, she is a typical life long Labour voter and I suspect she was planted in there by Labour.

You thought she might have learnt her lesson by now seeing that she voted Tory in the previous election as well She's obviously never heard:

[fool]

No way am I top 1%. Maybe top 10%, anyone have a source?

https://www.gov.uk/government/statis...-and-after-tax

By 2013 standards...

1% - £700 p/d.
2% - £500 p/d.
3% - £400 p/d.

That's assuming you manage 220 days out of a possible 253. So you'll need to be pretty active and the numbers are likely a bit higher in 2015.

[AtW]

Tory MPs in 71 marginal seats at risk from cuts to tax credits | Politics | The Guardian

Next election is in 2020...

[BrilloPad]

The oik does not want to be PM. He wants to spend more time with a pig's head.

[PurpleGorilla]

https://www.gov.uk/government/statis...-and-after-tax

By 2013 standards...

1% - £700 p/d.
2% - £500 p/d.
3% - £400 p/d.

That's assuming you manage 220 days out of a possible 253. So you'll need to be pretty active and the numbers are likely a bit higher in 2015.

That puts me around the top 2.5%.

There seem statistics to prove and disprove anything.

[PurpleGorilla]

https://www.gov.uk/government/statis...-and-after-tax

By 2013 standards...

1% - £700 p/d.
2% - £500 p/d.
3% - £400 p/d.

That's assuming you manage 220 days out of a possible 253. So you'll need to be pretty active and the numbers are likely a bit higher in 2015.

Christ the 50th percentile before tax is £21k

[vetran]

Christ the 50th percentile before tax is £21k

yep we are on 3 times the average and we don't feel rich.

[PurpleGorilla]

Do a U-turn on tax credits, George Osborne – or you’ll never be prime minister

yep we are on 3 times the average and we don't feel rich.

I haven't been earning this money for that long so have been top 3% for a couple of years but my previous permie put me in top 5%.

The truth is wealth is mostly property in the UK. Having missed the 90's wave by 5 years has meant a very different lifestyle.

I remember a guy I lived with looking to buy a 2 bed flat in aldershot for £65k in 1998. I was a student then. Buy the time i got a proper job those flats we're going for over £100k. How do you buy into that when you are a grad on £16.5k? From 58th percentile to around the 3rd percentile with 15 years of graft. That's my story. And managed to pick up a modest terrace house along the way.

Truth is there are plenty of folk round here on £20k a year living in houses worth £350k. So yeah, wealth has to be measured in property in the UK.

[MicrosoftBob]

yep we are on 3 times the average and we don't feel rich.

That's because three times the average is barely enough to get a mortgage on a shed in London

[AtW]

yep we are on 3 times the average and we don't feel rich.

That's because if you want to live in a nice area safe for your children then it would cost easily double the amount, and with higher taxes having 3 times higher average does not mean 3 times after tax.

Somebody on £150k PAYE isn't a wealthy person in UK, just not a struggling one (assumes no kids).