Reply to: Keir Starmer: the next Labour Govt will cut taxes

[JamesBrown11]

[AtW]

Per divorce?

Lifetime, so yes - per divorce

[LondonManc]

Per divorce?

Wouldn't that put your life into negative equity?

[DimPrawn]

At least £10 mln lifetime allowance...

Per divorce?

[AtW]

Divorces should be tax deductible.

At least £10 mln lifetime allowance...

[DimPrawn]

£70k isn’t rich once you factor in a single divorce.

Divorces should be tax deductible.

[AtW]

£70k isn’t rich once you factor in a single divorce.

[AtW]

Sky package alone costs £120 now and that’s not even all add ons

[DimPrawn]

LibLabCon, driven by the desires of HMRC, wants everyone to be a PAYE serf and work for big corps owned by friends of the party ideally for peanuts.
.

FTFY

[elsergiovolador]

60k ain't rich.

Communists hate people making more than average with passion (except of course the party members) and their mission is to make the Pleb equally poor. That's why there is "progressive" taxation - the more you care and more ambitions you have then the more you get hit.
They sell it to people who care less as the "fair share" and use various psychological mechanisms to build hatred towards those who earn more.
Labour wants everyone to be a PAYE serf and work for big corps owned by friends of the party ideally for peanuts.
Then you have an army of so called useful idiots who think if they keep spreading this ideology, then the party will somehow notice and give them a cushy "job" somewhere.

[LondonManc]

The problem isn't salary, it's corporate greed and the reluctance to tax things properly. It's the 0.5% hoovering the wealth - the top 10% of the top 5% that's the problem. I don't see people on 70k and think they're particularly rich. When you consider that they could easily have a 300k mortgage on a 400k property, you look at their household as a limited company and do a simply P&L account for them.

Take home pay per month from 70k with 5% pension contribs is £3,929
Mortgage, say, £1,300
Two cars on PCP, £700
Two phones on contract, £80
Sky package and other Netflix, Spotify, etc £100
Other bills - energy, water, CT, etc - £400

Soon mounts up and there's nothing there for food, clothes, without exceptional stuff like school fees, gym membership, etc.

Rich is relative. I'm sure a single-income household on 70k is fecking stressed at the moment and would have gone under if they were furloughed.

[AtW]

£69K per year.

Dirty future tax avoider!!!

[DimPrawn]

You'll be safe in any case.

£69K per year.

[Old Greg]

Well £70K puts you in the top 5%

Now ask Mr and Mrs Pleb labour voter "if we increase taxes heavily, but only for the top 5% earners, 95% will pay no more than they do now"

What do you think they will say?

GBP70,000 puts workers in the top 5 per cent of UK earners – why are we so reluctant to acknowledge this? | The Independent

You'll be safe in any case.

[DimPrawn]

Well £70K puts you in the top 5%

Now ask Mr and Mrs Pleb labour voter "if we increase taxes heavily, but only for the top 5% earners, 95% will pay no more than they do now"

What do you think they will say?

GBP70,000 puts workers in the top 5 per cent of UK earners – why are we so reluctant to acknowledge this? | The Independent