To be fed up with the amount of tax / ni I pay

[Elephantstone1]

although my salary looks decent from the outside. I’m beginning to get really fed up with the amount of tax / ni I pay.

so on £60k end up coming out with just around £3k per month from £5k after all taxes (including council tax) have been paid.

we’re not entitled to any help that others may get

my commute costs about £400 a month, but I’ve already paid tax on that money, so i have to earn about £600 a month to pay for it.

i know I’m lucky to be on a decent salary. Just with the col increasing, I’m getting a bit fed up

And it gets even worse in the next 10 years.

None of it gets better. The NHS care gets higher too. Look at projections for something like hip and knee replacements for 2030 and multiply out. We’re older and higher high more complex health needs.

You seem to have little idea of how public spending works.

More than you it seems. Not only are you utterly clueless but you appear to have managed to get through the last ten years without consuming any news. The ignorance is woeful.

43% is spent on health and welfare
State pensions and education are about 10% each

www.finder.com/uk/tax-statistics#:~:text=The%20average%20person%20pays%20£,spent%20on%20health%20and%20welfare.

Literally nothing that you posted is factually correct.

You also highlighted the crux of the problem in the UK.

Its "feelings" over "facts". There is a complete inability to be objective and rational in many of the older demographic in the UK. I usually hear the "I paid tax my whole life and deserve it" (this is false. They actually paid in less than they utilised, but good luck explaining that to them).

Until that changes, I don't see the country getting any better because public policies will never be designed to work. Just too many people with their hands out asking for more.

Unlike you I have 20+ years of experience in finance and insurance.

Care to try your comments again?

I am quite happy to keep swatting your commentaries in this thread down.

Agreed.

The long-term projections of State Pension and healthcare spending are downright horrifying.

There is a complete inability to be objective and rational in many of the older demographic in the UK.

This is fair

Just the older generation? I’m not sure

The only rational thing is people getting jobs and leaving the welfare. What do you proposed for the pensioners? Euthanasia?

You haven’t learnt much about the political landscape in those 20 years. Like I said, the ignorance is woeful. You keep swatting away.

OP here. Sorry for taking so long to come back to the thread. I’ve just finished work. I’ll come back to comments in a moment

From what I have observed (happy to hear other views), the older demographic is much less open minded in the UK (I am almost 50 now so have about 30+ years of observation).

My view on this is that it is very important in any society to be able to look at the evidence objectively, then be able to arrive at a conclusion about it without letting your biases drive your judgment.

"Critical thinking skills" essentially.

I don't see this very often in the older demographic (UK) other than in the highly educated or well travelled (or both). Many older folks in the UK dont even leave their areas so their views tend to be very parochial and insular.

Its also one of the main reasons why the older demographic is more swayed by mass media (this has been studied before).

Younger folks tend to be more open minded about the world, and they also tend to move around more travel-wise. A huge portion of them have now also gone to University (40%) vs older folks (back then it was like 10%). This then has knock on impacts on how they view a situation.

I'm not sure generalisations about who thinks what at which age are going to get us anywhere.

I agree that taxation is necessary. But, doesn’t mean that I can’t be a bit fed up with it.

I went to boarding school with some of the current crop of UK politicians.

I am rather amused at you telling me "I dont know politics". I hear politics daily in my circle (which is annoying in itself).

Care to try again?

"There is a complete inability to be objective and rational in many of the older demographic in the UK."

They are just out for themselves. They want zero inheritance tax, free retirement care and better pensions.

And they want someone else to pay for it - who are effectively the ever dimishing worker cohort even though they are not prepared to admit to it.

Apparently though its all possible because most of the money at the moment is being diverted to "Rich Tories" ...

AKA ... pensioners !

Public policies (in the general sense) need to be "marketed" to the population before being implemented.

So how people "think" in the various age groups does matter if you want your pitch to be succesful.

i think you’re right. Salaries have went down in real terms the last 20 years.

A huge amount of tax is spent on providing top up benefits for lowers earners. This is absolutely ridiculous. People should be paid enough to live on…

employers should be forced to pay a decent salary so that no workers have to recieve benefits. Basically the tax payer is propping up the profits of tesco

Yes. Vague generalisations like I mentioned are not that, however.

Just too many people with their hands out asking for more.
Like Tory MPs and their cronies you mean?
I can't help but laugh at your definition of facts vs feelings - you seem to be a subscriber to the Donald Trump version of truth, that accusing others of the same thing you are guilty of makes you the winner in any debate. Asserting that the Triple Lock is the cause of lack of public spending is just nonsense, not least because for most years, the rise wasn't even that significant. It has appeared as a large rise most recently because of the recent jump in inflation.

Agree.

and the social cost of this is that many highly skilled professionals will only work pt. Particularly an issue where those workers are doctors and dentists

The worlds smallest violin, really needs an audience

I’m not after a handout. I’m wanting to keep more of my own salary that I earned.

And there isn't really any engagement with this possibility either. We've had a few posters say it won't be many people, but whatever the percentage is, the size of the group affected is going to increase.

Beyond that, all we seem to be getting is complaints about selfishness. Which is beside the point, really. People will make the financial decisions that suit them whether they're high, low or middle income, and they're not likely to be persuaded by others complaining.