HRWT and NC for this. I avoid commenting on contentious issues such as this, however, I will make some comments (yes, I have many comments to make on this, but that's for another day0.
1.I live in central London and I am in the 10% (although some might insist is the 1%).
2.As you can see, I have paid lots of taxes to this country.
3.I didn't vote, however, I supported Brexit not because 'to make our own laws' etc etc, but because of the unfair treatment the Commonwealth citizens who share same values as the Brits were scandalously subjected to. (Sorry, I was appalled by the inconsiderate manners (litter everywhere, jumping queues etc) of a lot of people from EU who besieged London .) So, the level playing field in that respect is very much welcome. I not talking of Canada or Australia, but mainly African countries.
So, on that front, I am happy.
On the £38K
Well, it will only work when the majority of UK citizens who are on benefits who can work, or who can work longer hours and get off of benefits etc but choose not to, can fill those jobs. Otherwise, my taxes will continue to pay for those UK citizens who are on benefits as a lifestyle choice, whilst watching the elderly go without care as care workers from abroad can now not come in with ease. As another poster upthread stated, this will be a mess. The effect will not be where the public most want it to be, some of whom are ironically on benefits but harping on about immigration. But Cleverly can afford private care for his elderly parents, so why does it matter?
If you pay attention to this gov, it will go like George Osborne's landlord tax which led to LL selling up, with the unintended consequences of merely putting up rent to unaffordable levels, to most of those needing to rent. No, I am not a LL.