Originally posted by agentzero
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The Official Budget 2021 thread
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Originally posted by jamesbrown View Post
Ah, true, but it's equivalised household income and Labour's definition of "rich" is £70k per person. It remains true that the far right of that chart is the top decile, which is a strange definition of "rich", and it's also fairly pointless to divorce after-tax income from the cost of living when discussing "richness" (equivalised disposable income would be a better measure).
Knowing people who both have little net worth and average incomes, I think they would be rather annoyed if I rocked up and classed myself as poor.
Like I said previously, it's all relative; I'm affluent compared to the majority of the UK, but 'poor' compared to a minority of others.I am what I drink, and I'm a bitter manComment
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Originally posted by AtW View PostThe real wealth is having your CUK buddies on here
That and a few million quid in a bank.
I use CUK on my tax return as a deductibleI am what I drink, and I'm a bitter manComment
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The beeb is now talking about Rishi extending the stamp duty holiday so looks like the Tories have been leaking again. No details though yet, so keeping fingers crossed here I (and the other 2 in my chain) are includedI am what I drink, and I'm a bitter manComment
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Originally posted by Whorty View Post
If we look at income, I'm poor. Only work 2 days a week and this via employed since last year (I went perm to make it easier to look after Mrs W). Look at net worth though and I'm top 1%.
Knowing people who both have little net worth and average incomes, I think they would be rather annoyed if I rocked up and classed myself as poor.
Like I said previously, it's all relative; I'm affluent compared to the majority of the UK, but 'poor' compared to a minority of others.
Sure, income and wealth are two completely separate things and the term “rich” is widely applied to each of them separately and both of them together. If you’ve owned property in London for a decade or more, you’re relatively likely to be in the top 1% by assets.Comment
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Originally posted by mogga71 View Post
Agree with this. The future for youngsters is entirely bleak. I still don't understand why couples are having so many kids ... do they not see what is coming?
Only bit I have an issue with is about the youth rebelling .... don't think they have it in them .... you are talking about the woke and post woke generation.
Anyway, I reckon Rishi can buy one more budget of being "nice" due to Covid. He's going to 'get real' with us about the state of the economy then push it back a year to aid the recovery. Meaning the government remains popular now, and setting the stage for tax rises next year without any real complaint because everyone can see they are needed.
Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Hi has one job to do tomorrow ... ensure the stamp duty holiday is extended so I save £15k. After that, I'm pretty relaxed on the budget
The spawn from the loins of the breeders can pay for the debt in future years.I am what I drink, and I'm a bitter manComment
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Originally posted by Whorty View PostHi has one job to do tomorrow ... ensure the stamp duty holiday is extended so I save £15k. After that, I'm pretty relaxed on the budget
The spawn from the loins of the breeders can pay for the debt in future years.
The first half of 2020 marks the eighth consecutive year that birth rates fell in England and Wales – following a trend throughout Europe as births drop and the population ages.
If the current rate continues, this year will mark the lowest birth rate on record – 3.6 percent lower than in 2019, according to the UK's Office for National Statistics.
In the first part of this year, only 1.6 children were born for every woman. In 2001, the old record, that rate was 1.63 children born for every woman.
This is part of an eight-year continuous decline that started in 2012, when 1.93 babies were born per woman.
And the England and Wales are not alone. In the rest of Europe, birth rates are also declining.
In 2018 Portugal, Finland, Luxembourg, Greece, Cyprus, Ukraine, Italy, Spain and Malta were all among the countries with the 20 lowest birth rates globally, according to the World Bank.
https://newseu.cgtn.com/news/2020-12...hzq/index.html
"You’re just a bad memory who doesn’t know when to go away" JRComment
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