Do you begrudge high earners?

[cheerscheerscheerstomeyeahcheers]

Do you actually understand what they do and why they earn so much?
Would you be actually willing to put in the time and effort yourself?

I see so much griping about people that earn a lot, but I also see a lot of ignorance about why they earn what they do.

When I did return for the bag, I was told by the head of the drawing office I couldn't take a joke. That I was ok with the bum slapping,"jokes", only because I took Claire Rayners advice . In the 60s I was modeling, offered huge amount of money to take my clothes off.... nope I never did.

im sorry that happened to you 💐

Again. You’re showing your lack of understanding with salary vs wealth. At most someone on PAYE can out in extra to a pension to reduce their tax burden. High earners on PAYE are literally the people funding the country for themselves and everyone else. It’s the people hiding behind wealth, assets and dividends who you are thinking of. People on a salary via PAYE are paying extortionate amounts of tax and quite literally funding UK plc.

Many people do and at a lot less than the "300k" op has stated

Not to hand but I’m not naive so I don’t need to find a source

Ludicrous and laughable.

i don’t make 300k but I’m touching 200k I pay over £75k in taxes and NI every year…. I’m not usual in this

No. They work hard and take huge amounts of responsibility in their jobs. They pay a lot of tax, spend on goods & services and often employ people too. The country needs them.

No for a variety of reasons including the tax burden

https://commonslibrary.parliament.uk/research-briefings/cbp-8513/

There you go, in black and white, how wrong you are.

Ok then.

This.

i think we are on the same page really.

but I did pay lots into my pension which wasn’t taxed at the time but is now.

I’m a nurse who ended up teaching/in research and for a 60K plus salary but I don’t think of that as being a high earner despite what the average wage is.

Assertions that 99.9% of earners over £300k are tax avoiding are just crazy....

Bugs me when folks speculate on people they know nothing about.

There's definitely a bunch of folks on here creating an unpleasant narrative of what they think high earners are both saying and doing, but completely disconnected from reality.

TLDR: The 10% of income taxpayers with the largest incomes contribute over 60% of income tax receipts.

I’ll help you….

The 10% of income taxpayers with the largest incomes contribute over 60% of income tax receipts.

if 99.9% of them are dodging it do the maths on that.

No point wasting time being envious when I could be adding to my own earnings.

Also, having worked in an investment bank, you couldn't pay me enough to go back.

I'll take the lower salary to work with people I like. It's worth every penny. 🙂

Of course they are!

https://www.bbc.co.uk/news/uk-england-tyne-37645051.amp

How much would it cost the company if you left tomorrow without notice?

DH isn’t a £300k high earner, but he has a decent salary. If he walked out tomorrow, the company would lose millions.

I work part time and earn a few quid more than minimum. If I left tomorrow, my boss would be mildly inconvenienced until she found a replacement.

The phrase 'working hard' needs to be kept completely separate from discussions on salary and wealth.

It can mean so many different things to different people - emotional labour, physical labour, intellectual work, responsibility, shouldering of consequence, hours in the job...

There is no like for like when we talk about 'working hard'...

yeah well try telling that to Bono or Google

Not all high earners are working that much harder than other people.

My husband is a high earner and I'm not saying his job is easy peasy, but I wouldn't say it's even in the top 10 of hardest jobs people I know have. It's a clearly defined 9-5 with no work outside those hours, work from home as much as he likes, and he's a consultant so he can take whatever time off gets likes and he doesn't have to do all the targets, appraisals, chasing promotions etc.

I certainly worked a hell of a lot harder when I was a teacher and even when I switched to an office role, I wouldn't say it was less stressful than his job.

Same for the concept of 'stressful'

We all have vastly different tolerance levels of what we can and are prepared to handle.

True. They still have a lot more spare money (the post-tax portion of their income) than low earners though. I don’t resent high earners at all but let’s not pretend that they don’t still have lots of money left over even after they’ve paid a lot of tax.

Bono and high earning salaried employees are simply not comparable.

The top 1% of taxpayers contributed 29% of income tax revenue last year.