AIBU to think that people earning £960 per week don't really need Child Benefit?

[OldGreyWiffleTest]

Well, am I?

No

yes! just because someone works hard does not mean that all benefit should be cut !!

what are their outgoings?

I agree. I can't understand why people who earn large sums of money are making such a fuss about the loss of what - to them - is peanuts. Just another example of our entitlement society.

YABU because the money earned isn't the issue here.
Why should a single parent earning £50,000 a year lose their child benefit, but a couple earning £49,000 each get to keep theirs?

Surely it should be household income? Or income per person.

I agree, YANBU.

Many people get benefits they don't need.

Well off pensioners with the winter heating fuel allowance for example......

People who earn that amount already pay shedloads of tax. It is definitely not 'peanuts.' Completely depends on your outgoings.

Sounds like a fortune, but after deductions and outgoings.....well....we're relieved, put it that way.
And I mean relieved, not pleased.
You'd be very surprised to know what most people's margins are if only ONE person in the household is a higher rate taxpayer, especially if they're just under or just over the watershed of £50k.

Are we talking before or after tax?

Entitlement society !! If you go out and work hard and pay taxes then yes it should entail a bloody entitlement !!

Outgoings have nothing to do with it, scuzy. I hate all this "DH earns £300K pa and yet we are still hard done by" nonsense as if someone is forcing you to spend all your money on 5 holidays a year, first class seats on planes and private school fees. FFS.

YABU - presumably they pay a massive amount of income tax!

Suzy - doesn't matter what their outgoings are. If they choose to have an expensive mortgage and lifestyle, that's their business.

Because a couple both working will have childcare costs.

My DP earns between 42k-50k & I earn around £9k (before tax) but doesn't mean we are that well off by time we pay our mortgage & bills (we have no debt) So TBH the extra £33 a week I get helps.

I'm not against removing CB for high earners. And we're probably considered a high earning family, even if we often don't feel like it.

What I am against though is the removal in such a piss poor and unfair way. Today's announcements make it slightly better but principally it's still poorly thought through and fundamentally unfair.

tryharder outgoings are not holidays. they are overheads, mortages, bills, loans, debts. dont be silly.

Suzy - doesn't matter what their outgoings are. If they choose to have an expensive mortgage and lifestyle, that's their business

Yanbu.

Dh earns just above the HR threshold. I wouldn't say he pays shedloads of tax, tbh. We'll notice losing CB, sure - you spend what you have, don't you? - but the sky won't fall in.

YANBU. A lot of income tax on £960 pw still leaves you with a lot of money.

If your mortgage is that high that you cannot afford to live on the income you earn you need to downgrade.

£960 before or after tax?

It is "peanuts"! If you have a monthly income of - say, £4000. Then the £18 per child or whatever is nothing. I don't get the fuss at all.

And I am not saying that people who earn vast sums of money don't work hard and pay taxes. But people who earn minimum wage also work hard and pay taxes.