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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Am I the only one who thinks scrimping and saving can go and get fucked for bare essentials

335 replies

Freedomfromunfairbills · 11/08/2022 17:45

All the advice about cost of living seems to be ways you can scrimp and save to possible cobble together enough money to stay alive on bare necessities such as food, water, etc. Am I the only one thinking fuck this we just should not accept this when many of the companies jacking up their prices are making record profits. Even if it’s technically possible why on earth should I give up new clothes, gadgets, TV, holidays abroad, ect all to fund the obscene riches of the one percent. Instead of this advice on how to possibly meet these we actually need to say on mass no we are not surfs under the feudal system and we refuse to become a peasant class enough is enough. We should demand the government steps on and nationalises these companies and demand immediate taxes on the ultra rich to fund it all. I’ve always been fairly right wing and conservative but surely this is simply some kind of feudalism that will reduce many of us to little more than peasants and ruin the quality of life for many. Aibu?

OP posts:
bellac11 · 12/08/2022 20:45

ImWell · 12/08/2022 20:38

But the tax bands are published. If you have the distribution of incomes and the tax bands then you have everything that you need.

Asking people to provide their own income will do nothing more than divert the thread.

Suppose I said that our household income was £750,000, and that we paid £300,000 in tax and NI, that adds nothing to saying that we are additional rate payers and pay 40% total in tax and NI.

The thread is about scrimping and saving isnt it?

Knowing an income means nothing in reality.

The vast majority of us, including higher earners or very high earners are not really the 1%, even fewer are the 1% of highest tax payers

We really talking about just bog standard earners most of the time

AndreaC74 · 12/08/2022 20:47

ImWell · 12/08/2022 20:35

That’s top 1% of income tax payers, not the top 1% of earners. You yourself quoted the big difference between those two groups up above.

These differences matter, you can’t make a claim for one group then justify it by data on a different one.

More than 40% of earners pay no income tax, you can’t drop the lowest earners and then use only the average of the remaining 55% who are higher earners.

Trying to divert the original national data to the far less relevant London data makes no sense either.

Err thats why i linked to it... thats quite a discrepancy

Bottom line is the IFS isn't wrong, shame it contradicts your assertions.

Itisasecret · 12/08/2022 20:47

bellac11 · 12/08/2022 20:45

The thread is about scrimping and saving isnt it?

Knowing an income means nothing in reality.

The vast majority of us, including higher earners or very high earners are not really the 1%, even fewer are the 1% of highest tax payers

We really talking about just bog standard earners most of the time

But the statistics are literally out there. God this is painful.

ImWell · 12/08/2022 20:49

bellac11 · 12/08/2022 20:45

The thread is about scrimping and saving isnt it?

Knowing an income means nothing in reality.

The vast majority of us, including higher earners or very high earners are not really the 1%, even fewer are the 1% of highest tax payers

We really talking about just bog standard earners most of the time

Well no, it’s moved on to questions about the tax burden, promoted by people posting some very wrong figures about who pays what, as a cohort, and what they receive back.

You are asking people to give you their own numbers, yet for some reason haven’t given yours.

AndreaC74 · 12/08/2022 20:49

We've two 1% top earners on this thread haven't we? or partners of.

Its also relevant if we are to get extra cash from higher earners, the cry is always "We pay too much as it is"

Ignoring the 100k + they are left with.

ImWell · 12/08/2022 20:52

AndreaC74 · 12/08/2022 20:47

Err thats why i linked to it... thats quite a discrepancy

Bottom line is the IFS isn't wrong, shame it contradicts your assertions.

It doesn’t contradict my assertions, it’s about a completely different cohort.

How can my statements about the top 1% of earners be contradicted by data about the top 1% of income tax payers?

You do understand why they are very different data, don’t you? Your figure is for the 0.55%, not the 1%.

ImWell · 12/08/2022 20:54

AndreaC74 · 12/08/2022 20:49

We've two 1% top earners on this thread haven't we? or partners of.

Its also relevant if we are to get extra cash from higher earners, the cry is always "We pay too much as it is"

Ignoring the 100k + they are left with.

And here we see the reason for not giving personal figures; the immediate and completely disingenuous switch from the question of tax burden to “but look how much they have left” and the insinuation that they should not comment or have a view.

Jumpformylov3 · 12/08/2022 23:06

You are right op. We are going backwards. We are supposed to be living in a better developed time where things are equal and you should be able to buy the basics for your kids without starving yourself. That's what things like universal credit are supposed to help with. Yet no one, those on and those who aren't on benefits might not be able to heat their homes in winter or put even a half decent meal on the table.

I do most of my shopping from asda. And this week I used their just essentials range for most of it. However u have just realised that by changing the packaging people think its new and saving. Its not. Its their same range and I have always bought from them but its good if many didn't know about it. They do now and that will help many.

We are being tricked into thinking we need to plan things and srimp and save to survive. Bit this wouldn't happen if big corporations paid their taxes correctly and weren't handing put bonuses to their pals etc.

We are a small business (restaurant) and we are fully booked most days and we put our prices up to cover the cost and still struggling. We had to tale the 50k loan the government gave and now trying g to pay 1k a month to that. Customers complained prices went up but we reached VAT threshold so we had to incorporate this into our prices. Now corporation tax is going up again. I'm not sure how much longer we can go on. After we paid our VAT there isn't much left to the pay the business rates, insurances, bills, wages etc etc because the costs keep going up and we can't keep charging customers more as we will lose them!

Jumpformylov3 · 12/08/2022 23:09

I pressed enter too early. Our accountant was ill and filed our vat statement late which meant we paid late.they then gave us a 14k fine! On top. Yet the big wigs hardly pay anything

MissStress · 13/08/2022 00:20

Mistlewoeandwhine · 12/08/2022 16:58

The government should step in and protect us - that’s literally their job. They are meant to represent our interests. This unholy mishmash of Brexit and rampant unchecked capitalism cannot be blamed on Covid and Putin otherwise other countries would be suffering equally. This is literally the Tories and their supporters’ faults. And it shouldn’t be about taxing people on eg 65k a year more. It’s about dealing with stuff at the SOURCE - big business.

Why are workers having to get their wages topped up with benefits if the company shareholders are making a profit?
Why are wages not rising?
Why were house prices artificially inflated during 2020?
Why has there not been a sensible cap on fuel bills?
Why is the NHS being run into the ground?
Why are water companies not forced to fix all leaks?
Why were all schools, now academies, handed over to their private ownership including land that belongs to us?
Why was the Royal Family given a financial stake in offshore wind farms for no reason?
Why did past governments not realise that relying on political foreign enemies for fuel was a bad idea?
Why have we not been investing more in other sources of energy eg making every new build have solar panels?
Why are a lot of the new builds in city centres being sold off to the Chinese/Russian/Saudi markets and not even being offered on sale to local people?

etc etc etc…

I’m so angry that people are still voting for these idiots. It’s wicked what’s happening and a lot of people don’t seem to care until something happens which affects them personally.

I agree. I just wish there was a hypothetical party who could be trusted to move forward. Because none of the options appeal tbh.

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