Labours Increase in personal tax over £80k

[OliviaPopeRules]

So Labour have finally announced their 'moderate' tax increase for people over £80k.
These changes mean that if you have a household where one person earns £150k you will pay tax of £58k approx. but if you have a household of 2 people earning £75k you will pay total tax of approx. £37k.

I appreciate a lot of people will think tough shit, you earns lot so screw you but can someone really explain to me how this is not just a tax to punish.

And yes I understand people on lower incomes and disability support and other benefits need to more support and I personally have no problem paying extra tax but this makes the tax system so unequal for couples/ families with only 1 person working.

sostenueto does your DD feel as though she should be paid more for what she does? (leaving aside the issue of the lack of holiday pay, zero hours and job insecurity which are outrageous).

I mean no harm at all and I'm not sneering - I don't mind the tax rise, I simply wish it would be spent better. I'm wondering though - your DD is representative of some of our friends in that she's chosen to add the constraint of working school hours only to her job selection - if I did that, I wouldn't have a job at all for what I do.

Surely the simplest thing for your DD to do would be to look for a typical full time job?

Sostenueto i certainly wouldn't want anyone who earns what your daughter earns or close to pay more tax or lose benefits.

The point about labours plans is they are not particularly to help people like your daughter (and contrary to what has been said here they have yet to confirm they will reverse all benefit cuts).
Also combined with the ct changes they will impact the economy and they won't raise what they are saying it will.

Personally I don't think it's unfair that a family that earn enough to be able to afford for one parent to SAH pay more tax than a family who can't afford it. Maybe at lower income levels, e.g. 30k or if there was illness or disability a tax break might make sense but £150k???? No way.

Next year my daughter us likely to lose her working tax credit as the Tories only delayed it for a bit. If she loses that then I don't know what will happen. Yes she deserves a better way but the trouble us carers are not viewed as professionals which I think is crazy. If it was recognised as a profession and wages reflected that then standards would rise. But where to get the money from? Its a fact that dementia sufferers will triple in the next 10 years. There is already 1 million people in this country with it. The cost for care is astronomical. My daughter us a graphic designer and at the time she wanted to bring up my gdd in our town and not move away. Circumstances were difficult for both my daughter and me at the time it was the only solution at the time. When my gdd goes to uni hopefully then my dd said she would have her own life and could perhaps look for better work which she us qualified to do.

and they won't raise what they are saying it will.

Again, you can change this over and over, but why conjecture when we can see on the ground what Tory failure is doing?

Sorry jelly

I was confused

Do you know when you see a poster you think you 'know' and then you are all 'what the fuck??? '

I can see why your dd felt it was the only choice - I don't think it was or is her only choice though if pay and conditions are the top priority - but I accept what you say about carers being underpaid and undervalued, absolutely.

i really don't think the sums add up. We would need a lot of people earning over 80 k to pay for this (latest figures indicated only 300000 earning over £150k and 1.2 million earning over £42k (no split for those over 80k). So they are wanting a lot of money off those people. Might be helped by the 73pec cent marginal tax for earnings just over £100k. Mind you no one in their right mind would vote to go back to 1973 so reckon we're pretty safe!

Sostenueto I can see why you think Labour is your only logical choice. I wish your daughter well and hope that she will find a way to progress her work.

i really don't think the sums add up

They don't as the IFS have said.

Let alone the stuff that they haven't 'costed'

Sostenuto I wish you and your daughter well, but in hindsight, does your daughter regret getting in to £30k debt for a qualification she might or might not choose to use in the future? Do you think that if the education system did not focus on sending as many people as possible to university, some might have a better quality of life?

DS1 is currently looking towards college and an apprenticeship, and tbh when he said he would like that route I felt a little as if I'd failed by him not choosing to go to university. He might change his mind, but getting a decent qualification and training via the apprenticeship route should certainly not be looked down on, and I strongly believe he will still have a chance of getting a good job and maybe even his own business in time.

Thank you abitofaproblem. Xx. Trouble is where we live about the only jobs going are in the privatised care industry. The people that run the agencies are making a packet but they are under a lot of pressure as they cannot get enough carers that actually care and take pride in their work like my dd. Let's face it its the working conditions. The Tories spout that the jobless figures have dropped. But they don't say how many workers are like my dd on zero contracts. If the Tories don't start investing in growth, Industry, housing, infrastructure, NHS, and education which with lack of funding is already turning into a 3 tier system as was in the 50s, then things will get even worse for those left behind by globalisation. I know everyone wants to get on in life and I cannot blame anyone for that who doesn't want to get on, but while we go on in our selfish ways, not caring it doing enough about those left behind then the divide between the haves and have nots will widen. The election to me is a clear choice between globalisation or a caring, nurturing society. I ignore all the spin, the lues, the false promises, personal attacks and biased media. Only the above mentioned choice us clear to me. Thanks to all who are putting up with my long posts and thanks for kind remarks.

Labour are not giong to get in so no need to worry. However even the Tories have a very big state and a lot of old people to fund.I would like to see us make the sttae an awful lot smaller and with much less waste even if I have to suffer worse services as a result. No party seems to be offering me that choice.

User me already taken... I agree to a certain extent with you and have discussed apprenticeships with my gdd to no avail, they don't do neuroscience yet as an apprenticeship (smile not bragging that's what she actually wants to do) wish they did as Lord knows how my did and myself are going to help her through uni. Great worry but she has to have the chance as all children have to have the chance, and not a no other choice cos i can't get to uni cos of bad education due to lack of funding. I think apprenticeships are great and even science ones are coming up but if there were no uni fees no one would have huge debt around their necks in the first place.

I'm not sure if it's a bad thing though if the cost of university makes a few children think twice about the benefit - we have finite resources, we have tough choices.

I can't see the tories abandoning the triple lock as it'll outrage their vote, we need a revived centre left to do that.

Bye the way the moderate tax rate is 1 pence in the pound increase in manifesto. Got to hop off now as my gdd will be ringing me to have her daily rant about school and mocks lol! Peace to you all.x

I can't see the tories abandoning the triple lock as it'll outrage their vote, we need a revived centre left to do that.

Pensions are another thing like the NHS that need a non political discussion.

Sorry x posted nolotterywinyet. Undoubtedly apprenticeships have their place but as a choice and not forced into one because of cuts or lack of a broad curriculum. Not everyone is academic. My gdd in top10% and my GDS in bottom 20%. He has no option but to go to tech school in September because the curriculum has become so narrow in schools in this town due to funding and loss if teachers and main focus us on academia and not other things like the arts and technical skills. The nearest tech school us 20 miles away and my other dd family us going to have to find that cost for the travel. Things are not as easy as people think. Anyway gotta go bye!

I can't see the tories abandoning the triple lock as it'll outrage their vote, we need a revived centre left to do that

I think if they were going to guarantee it they would have done it by now. I heard Phillip Hammond say this morning that pensioners have gone from being well below working people standard of living and now being above it, I'm not sure it was that exactly it but along those lines.
I think they are gearing up to say they will drop it but could be proved wrong tomorrow.

Oooh I hope so, that could be a step in the right direction at least.

It would also be a real retrograde step if university once again became the preserve of the wealthy. It is moving that way already. There then becomes a short step for poorer children to be pushed towards apprenticeships and vocational training i.e. Effectively putting many children from poorer communities off accessing top professions. Schools in disadvantaged areas have long been fighting for equity of access, promoting higher education and enabling first generation university attendance. Let's not undo that good work.
Vocational will only be an acceptable alternative when Eton and Roedean start advocating it as an appropriate pathway.

t would also be a real retrograde step if university once again became the preserve of the wealthy. It is moving that way already. There then becomes a short step for poorer childr

This is not true, more people from poorer backgrounds are going to university now than ever before.
And the tuition fees work like a graduate tax so you only really pay for your university fees if you get the benefit of having a degree through getting a well paid job.

Yes, this is one of the reasons Blair went for tuition fees - no research showed that fees meant poor kids didn't go. The problems for children from poorer backgrounds start well before the point of considering university.

The problems for children from poorer backgrounds start well before the point of considering university.

Very true.

Definitely, more pre-school and schools funding is a much better way of ensuring kids from poorer backgrounds get to university than scrapping fees.