Tax TAx TAX!!!!!! Fuming at our government!

[Baldylovingbeard]

please try and convince me otherwise…..

What a joke this government are!!! ( UK)

Let’s just tax everyone who earns a bit of cash!!! Oh and while we’re at it… go on have loads more children it’s ok others will pay for them!!! Cutting the 2child benefit cap! If you decide to have multiple children you should be able to afford to provide for them. NOT expect others too!!!!! If you fall on hard times and you’ve worked and contributed to paying tax than you are within your rights to claim tax this is what benefits were made for, it’s not a means to not work, have more kids….etc!

Oh and if you work really hard and want to put some money by for you later days in life…. You’ll be taxed!

My situation:
Part time work, full time mum to 1 child. I work for myself and earn around 10k this money usually pays for things our daughter needs… clothes, clubs, any treats.
Husband works long hours, his under a lot of stress with his job, he has worked his way to and earns a very good salary 100k he gets taxed 60% you do the maths on that! We live in a 3 bed around £280k so nothing crazy but live within our means. We have one car! One holiday a year! Put money into savings! Pension! our daughter goes to one after school club. My husband got kicked out of home at 16…. He has worked with no help from family or friends and I believe he has worked very hard to get to where he is now. we are generous with charity’s and try our best to help out when we can if we can!

There Is going to be a mini baby boom in 9 months time, the benefits scroungers must be over the moon!

Asleep in 1997-2010 were you 🤣🤣🤣

Good thing the Labour Party's manifesto was fully costed!
Oh, hang on...

But OPs husband earns £100k therefore this doesn’t affect him

I’m not a Labour voter but with the exception of the lifting of the benefit cap I didn’t think it was too bad.

Have you seen birth rates? They really won’t.

Agree with you its disgusting.

Or get decent insurance for early death, critical illness, mortgage protection etc.

Well perhaps we should have more equitable wages in this country. The workers on low incomes don’t have anywhere near the privilege you do. it absolutely right that those who are taking more in wages should pay more in.
There is enough for every man’s need but not enough for every man’s greed!

Your husbands income grants you far more choices and opportunities than you know. Try living on the other side.

????? What sort of shite is this?

I don't think this budget achieves that though as she did not increase the tax personal allowance for the low paid - it has been frozen at 12,500 for years. There did not appear to be anything in the budget for low paid workers - unless they have more than 2 children and will then benefit from the removal of the two child cap.

I would have preferred to keep the two child cap but put more funding into sure start where the money can be focused on the children in their vital early years .

If you want tax OP come move to Scotland we have 6 tax bands a higher rate tax starts at 43k!

I'm not too chuffed about the pension changes but will wait and see the detail and if my AVCs count or not!

My English colleagues are still going to have more money in their pocket.

Are all of the 4% on Mumsnet or married to Mumsnet users? That’s what it seems like sometimes 🤣

I don't mind paying more tax, we cut our cloth accordingly and I would never for one second want someone more vulnerable than me to suffer and struggle because of my greed.
Plus I really like well funded public services, even if I don't really use many of them.

Most women choose to have children with the information she has at the time. What about all the feckless Dads that just fuck off into the night never to be seen or heard from again whilst the woman is left with the burden. Or if one parent dies? It’s easy to say don’t have all these it’s but circumstances change.

you sound very fortunate to have what you have op I don’t understand why you are so cross. And no your OH does not pay 60% tax.

Agree but labour should introduce a capital gains tax on primary residence that replaces stamp duty to deal with this.

That way, people who have benefited from this stratospheric rise in prices for a place they bought in 1995, pay tax on this but people who are FTB or entered the market after the madness and have subsequently seen little gain in their first home and now need to upsize don’t get penalised for doing so with an additional tax burden via stamp duty.

Also, £2m is the price of a 3/4 bedroom terrace in London - hardly a “mansion”.

So you yourself are paying no tax - you take from the system rather than contributing.

Your husband earns at lot but is NOT paying 60% tax on all his earnings - only anything between 100k-125k is taxed at an effective rate of 60%, not his whole pay packet.

And the bit people seem to forget - high earners still have more leftover after tax than people earning less!

Also, £2m is the price of a 3/4 bedroom terrace in London - hardly a “mansion”.

In some parts of London. There are plenty of parts where you can buy a terrace for well under 2m

Yes they will some see kids as money.

Have kids get benefits get a home get cm.
have more kids get more benefits.
what about the people like us childless.
And have to pay for this crap to continue.

Knobbish response which smacks of envy.

@Stillpoor can you post to evidence for your statement? This will not lead to more babies.

Agree but labour should introduce a capital gains tax on primary residence that replaces stamp duty to deal with this.

I think property taxes need an overhaul but there would be outcry over the above.

Well you won't be getting them - that's not where the extra taxes will be going. Debt servicing and welfare payments will swallow the lot.

Omg this. Totally this.

If people think the country is in the economic mess it is in because of the feckless having too many dc then they are incredibly misinformed.

There are more over 65s then under 15s.

The biggest welfare recipients are pensioners & people in work. A large proportion of benefits is spend on housing costs.