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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think getting less than 50% of your pay is crazy?

342 replies

rampe · 08/10/2024 15:51

If someone earns £15,000 a month. They have a student loan. They pay in 10% into their pension.
They take home less than £7,000 a month.

OP posts:
thepariscrimefiles · 11/10/2024 22:02

GrannyRose15 · 11/10/2024 21:36

I didn’t say it was al the fault of
migrants I said it was a factor. And you don’t think that having 1.5 illegal immigrants in a population of around 65 million is a lot? Well there’s no point arguing with someone who denies reality.

Did you mean to say 1.5 million illegal immigrants? You actually wrote 1.5 illegal immigrants in your earlier post and this one. That's why I said that it wasn't a lot.

GrannyRose15 · 11/10/2024 21:36

thepariscrimefiles · 11/10/2024 21:15

1.5 illegal immigrants isn't very many. Is the other half of that immigrant legal?

Anyway, what a surprise to find that it's all the fault of those pesky illegal immigrants.

I didn’t say it was al the fault of
migrants I said it was a factor. And you don’t think that having 1.5 illegal immigrants in a population of around 65 million is a lot? Well there’s no point arguing with someone who denies reality.

thepariscrimefiles · 11/10/2024 21:15

GrannyRose15 · 11/10/2024 18:55

I have. And yes it sounds like a wonderful place to live. If anyone can work out a way to develop a Finnish system here I’d be interested. But I don’t think you can do that if you have 1.5 illegal and unregistered immigrants, a welfare system that takes no account of immigration status and has encouraged dependency for over 70 years, a language that had been appropriated by most of the world and happen to be situated only 21 miles from France.

1.5 illegal immigrants isn't very many. Is the other half of that immigrant legal?

Anyway, what a surprise to find that it's all the fault of those pesky illegal immigrants.

lfcarroll · 11/10/2024 20:57

Overpayment · 08/10/2024 16:03

Graduates already pay for it in the form of higher tax brackets over the course of their lives.

They’re effectively getting double charged.

Student fees do not any where near cover costs of training people to do certain jobs e.g. medicine. I note some very entitled doctors posting here. I despair - what horrible people. Much more senior doctor posting here. What sort of a society do you want to live in? I will be speaking to my medical school about the entry critieria. And those people who say they do not use public services! LMFAO! And that people on benefits are scroungers and lower income people need to pay more tax! GET A GRIP on your Faragey views!
Pay off your subsidised education, save for your pension - as much as possible into one of the best schemes available, pay your fucking taxes and be grateful you are not at a food bank or worried about basic bills. Most people have not had the opportunities you have had. Yes I know you work harder than some people, with a lot more responsibility than many, as did I (for much less, before 108 hour working weeks became illegal) but I am grateful that I have always had a a good salary, a career structure, an interesting, useful job and a good pension coming to me. That is gold dust.

GrannyRose15 · 11/10/2024 18:55

Reugny · 11/10/2024 15:30

Go and ask the Finnish.

Btw they are very good at ensuring there are no tax loopholes plus their VAT rate is higher and they have less exemptions.

I have. And yes it sounds like a wonderful place to live. If anyone can work out a way to develop a Finnish system here I’d be interested. But I don’t think you can do that if you have 1.5 illegal and unregistered immigrants, a welfare system that takes no account of immigration status and has encouraged dependency for over 70 years, a language that had been appropriated by most of the world and happen to be situated only 21 miles from France.

MurdoMunro · 11/10/2024 17:39

Eh? They’re way beyond capacity. Who are all those people in the cells? Lost tourists?

Hunglikeapolevaulter · 11/10/2024 17:28

And prison for things that we can freely do in this country.

Whereas in this country, we barely jail anyone.

MurdoMunro · 11/10/2024 15:42

Indeed @Reugny. Forget about the tax burdens, just get yourself to a country with a lot of oil about it, be wealthy enough to buy your way out of trouble or ill health and stick a post-it on your mirror with a reminder not to be gay, a woman or come from South Asia.

Talking of getting your hands on some oil. I wonder if things would’ve been different here if we had gone for a sovereign wealth fund like the Norwegians did. Was that thought to be a bit socialist-adjacent at the time?

taxguru · 11/10/2024 15:37

Reugny · 11/10/2024 15:30

Go and ask the Finnish.

Btw they are very good at ensuring there are no tax loopholes plus their VAT rate is higher and they have less exemptions.

Their income tax and social security (equivalent to NIC) is also higher at lower income levels than the UK. So people on lower incomes pay comparatively more tax/SS in Finland than they would on the same income in the UK!

Reugny · 11/10/2024 15:31

Hunglikeapolevaulter · 11/10/2024 15:03

You can kind of understand why people opt for Dubai. No tax, plenty of sunshine and cheap staff.

And prison for things that we can freely do in this country.

Reugny · 11/10/2024 15:30

GrannyRose15 · 11/10/2024 15:01

How’s that working out for you? You don’t create a prosperous equal society by taxing everyone to the hilt.

Go and ask the Finnish.

Btw they are very good at ensuring there are no tax loopholes plus their VAT rate is higher and they have less exemptions.

Hunglikeapolevaulter · 11/10/2024 15:03

You can kind of understand why people opt for Dubai. No tax, plenty of sunshine and cheap staff.

GrannyRose15 · 11/10/2024 15:01

thepariscrimefiles · 11/10/2024 13:20

No, socialists believe that more equal societies are generally more prosperous with better social cohesion that less equal societies. Less equal societies have less stable economies.

Rich people have far more opportunities than low and average earners to avoid paying tax, e.g. through trusts, and off-shore tax havens.

How’s that working out for you? You don’t create a prosperous equal society by taxing everyone to the hilt.

GrannyRose15 · 11/10/2024 14:56

randomchap · 10/10/2024 14:58

Obviously tax needs to be raised in order to pay for the infrastructure that allows you to earn

It isn’t obvious. It is a logical fallacy.

thepariscrimefiles · 11/10/2024 13:49

Pandasodium · 11/10/2024 13:42

Higher rate tax payers aren't on extremely high salaries necessarily though. And it's always said in threads on here. Fair share is the key here, as has been said, it's lower and middle earners that have low taxes.

I'm not sure which government would raise taxes on lower and middle earners but leave higher rate tax payers alone?

A Conservative government would never do this as a) they don't believe in raising income taxes and b) this would affect lots of their supporters.

A Labour government wouldn't do this as if they decided to raise income taxes they wouldn't target low and middle earners, they would target higher earners.

Pandasodium · 11/10/2024 13:42

thepariscrimefiles · 11/10/2024 13:37

I've not seen anyone on here saying that higher earners don't work as hard as people on lower wages. I've seen the opposite, where higher earners say (like you are doing) that lower earners are just jealous and higher earners earn more through sheer hard work. It is then pointed out that lots of people work really hard at low paid but essential jobs e.g. carers.

I am sure that many people on extremely high salaries work in very high stress environments with lots of responsibility and will have studied hard to gain qualifications for their job roles. However, the rewards are significant and not all high level jobs make a useful contribution to society.

There are people with more money than they or their families could spend in a lifetime but still begrudge paying their fair share.

Higher rate tax payers aren't on extremely high salaries necessarily though. And it's always said in threads on here. Fair share is the key here, as has been said, it's lower and middle earners that have low taxes.

thepariscrimefiles · 11/10/2024 13:37

Pandasodium · 11/10/2024 07:46

Lots of people are too blinded by jealously and resentment that if someone earns more than they do they are incapable of critically thinking about the wider implications. People on here also assume higher earners (over £100k, not exceptionally high for most countries) don't work as hard as people on lower wages which is laughable- clueless.

I've not seen anyone on here saying that higher earners don't work as hard as people on lower wages. I've seen the opposite, where higher earners say (like you are doing) that lower earners are just jealous and higher earners earn more through sheer hard work. It is then pointed out that lots of people work really hard at low paid but essential jobs e.g. carers.

I am sure that many people on extremely high salaries work in very high stress environments with lots of responsibility and will have studied hard to gain qualifications for their job roles. However, the rewards are significant and not all high level jobs make a useful contribution to society.

There are people with more money than they or their families could spend in a lifetime but still begrudge paying their fair share.

thepariscrimefiles · 11/10/2024 13:20

GrannyRose15 · 10/10/2024 13:17

Wait and see. If it isn’t yet it soon will be as a large number of people have socialist attitudes as demonstrated by this thread. Socialists believe that the money I earn is there’s for the taking. This attitude keeps people poor as it stifles ambition. When the attitude is not only applied to what I earn but also to what I have accumulated it discourages thrift and fosters profilagcy.

No, socialists believe that more equal societies are generally more prosperous with better social cohesion that less equal societies. Less equal societies have less stable economies.

Rich people have far more opportunities than low and average earners to avoid paying tax, e.g. through trusts, and off-shore tax havens.

blueshoes · 11/10/2024 12:32

Aduvetday · 11/10/2024 07:07

The problem is with tax - we compare - it’s our LOWER and MIDDLE earners who have low taxes. The higher earners have some of the highest comparatively. There is no where to go with this tax base anymore. They are paying record high taxes. The IMF and HMRC now are warning about this. HMRC are now saying discussed CGT rises will result in a NET LOSS of tax revenue as people will simply move.

Posters on here have been saying this for ages. It’s already happening. We are at a tipping point of what higher earners will tolerate. They are taxed highly compared to peers in other countries. Other fiscal bodies have been saying this for a while. Even HMRC have now jumped in and said projected tax rises will result in a net loss.

The off you fuck brigade never had the strongest critical thinking skills. That’s what official bodies are now saying is and will happen. Compared to other countries where higher earners are taxed similarly and see a decent public service provision, lower and middle earners don’t pay enough. The welfare system is also overly generous in comparison too. So before people start shouting too loudly, I’d think carefully about the next logical step for any government.

Hear hear.

One of the reasons UK public services are f--ked is because the lower and middle earners do not pay enough tax. Higher earners are already taxed to the limit with dangerous tax cliff edges (particularly at 100K) and removal of means tested benefits that disincentivise moving up the salary scale, whilst having to pay double/triple for private medical and schools because despite all of their high earnings, public services still remain poor.

Is it any wonder the UK economy is stagnant and cannot pull itself out of its rut. The private sector engines for growth are being stifled and will be even more under Labour. Cannot blame high earners for thinking of greener pastures.

QuickJadeUser · 11/10/2024 12:12

Coffeewinecake · 10/10/2024 16:43

These doctors could do years less schooling and go into finance/banking/consultancy, to make the same amount with less stress (because if your slide deck is shit, no one dies).
But they CHOOSE to be doctors

Well thank goodness they do otherwise it wouldn’t be very helpful to society if they all did less schooling and went into finance.

Haha yes.

People do things without the profit motive all the time. The profit motive is only one in a very wide range of motivations for doing something. If someone is becoming a doctor only because they want to make good money, they tend to not be a doctor for very long (saw one influencer whose leaving the profession after a couple years to become a management consultant and make more money for less stress, so it does happen). Same as people who become teachers for the relative job security.

MoreCardassianThanKardashian · 11/10/2024 09:43

Aduvetday · 11/10/2024 07:07

The problem is with tax - we compare - it’s our LOWER and MIDDLE earners who have low taxes. The higher earners have some of the highest comparatively. There is no where to go with this tax base anymore. They are paying record high taxes. The IMF and HMRC now are warning about this. HMRC are now saying discussed CGT rises will result in a NET LOSS of tax revenue as people will simply move.

Posters on here have been saying this for ages. It’s already happening. We are at a tipping point of what higher earners will tolerate. They are taxed highly compared to peers in other countries. Other fiscal bodies have been saying this for a while. Even HMRC have now jumped in and said projected tax rises will result in a net loss.

The off you fuck brigade never had the strongest critical thinking skills. That’s what official bodies are now saying is and will happen. Compared to other countries where higher earners are taxed similarly and see a decent public service provision, lower and middle earners don’t pay enough. The welfare system is also overly generous in comparison too. So before people start shouting too loudly, I’d think carefully about the next logical step for any government.

Great post.

Krampers · 11/10/2024 09:22

Neurodiversitydoctor · 10/10/2024 17:17

Many Drs are on 12 PAs, our trust pays responsibility supplements of upto 20K, bit of waiting list work and the CMO is on a VSM contract...I promise there are medics on £180K PAYE. I don't quite earn that but I paid £50K income tax last year.

Yeah I heard some are on 12 PAs and I was advised that was the maximum activity I could do. I myself do 10.75. However a lot of trusts are in terrible deficit and some have even put a hold on waiting list work.

Pandasodium · 11/10/2024 07:46

Lots of people are too blinded by jealously and resentment that if someone earns more than they do they are incapable of critically thinking about the wider implications. People on here also assume higher earners (over £100k, not exceptionally high for most countries) don't work as hard as people on lower wages which is laughable- clueless.

taxguru · 11/10/2024 07:38

@Aduvetday

Nail on the head there. It's the lower income people who aren't paying enough and/or claiming too much in benefits. As you say, higher wage earners already suffer a relatively high tax burden compared to their peers in other countries.

Aduvetday · 11/10/2024 07:07

The problem is with tax - we compare - it’s our LOWER and MIDDLE earners who have low taxes. The higher earners have some of the highest comparatively. There is no where to go with this tax base anymore. They are paying record high taxes. The IMF and HMRC now are warning about this. HMRC are now saying discussed CGT rises will result in a NET LOSS of tax revenue as people will simply move.

Posters on here have been saying this for ages. It’s already happening. We are at a tipping point of what higher earners will tolerate. They are taxed highly compared to peers in other countries. Other fiscal bodies have been saying this for a while. Even HMRC have now jumped in and said projected tax rises will result in a net loss.

The off you fuck brigade never had the strongest critical thinking skills. That’s what official bodies are now saying is and will happen. Compared to other countries where higher earners are taxed similarly and see a decent public service provision, lower and middle earners don’t pay enough. The welfare system is also overly generous in comparison too. So before people start shouting too loudly, I’d think carefully about the next logical step for any government.