AIBU to say that I have had enough of this government and Its grabby supporters.

[Ihavehadenough1345]

I have name changed for this and am prepared for the pile on, backlash, kicking I am going to get but I have had enough!

My tax bill was £80,000 this year. I am self employed. I pay £16,000 a year in VAT. I have a valuable asset. I own my own home.
no mortgage. I have worked bloody hard. No inheritance, no Oxbridge, no privilege and no luck!

I pay for private school for 2 DC.

I am asset rich, cash poor. I have enough money to pay all of my bills, no debt, I’m not extravagant. If you met me you wouldn’t know my financial situation. I am normal.

But my tax contribution is not enough for this government and its supporters.

I read all of the posts of all of the threads regarding VAT on school fees, UC, the cost
of living crisis and on and on and on!

I have had enough.

And I do not need therapy and I do not have ADHD or bipolar.

Let the games begin!

It’s the typical socialist way. Level down. Equality, even if it means being equally poor and miserable.

Where are the millionaires going to?

I'd be fascinated to know.

So that's about 10,000 millionaires out of the 3 million that live here. That's not in any way a significant number. It's essentially statistically meaningless. 0.3%

Where do you think? To places where there is lower tax. They already are going. It’s well known.

Who is going to tell this poster how much tax top 10% and the top 1% pay?

Oh dear, talk about having your head in the sand.

When I worked for the NHS my mantra was ‘benefits is not an option’. I just worked harder to get promoted and longer to increase my take home pay.

Now I read thread after thread of relationship breakups and the mantra is ‘you will get benefits OP’.

Can you give any more detail on these wonderful places with lower tax? Perhaps we can all go.

I thought Gordon Brown was widely thought to be one of the best Chancellors this country has had, by people across the political spectrum. Apart from the gold reserves issue maybe?

But yes the Tories have yet again left the country in a mess. Labour are having to make tough decisions due to necessity rather than political ideology. Don’t think the tories wouldn’t be doing similar if they’d won and were at the start of a 4 year term.

You seem to conveniently/purposefully have forgotten to mention and acknowledge the many, many, many critical threads and posts on here regarding benefits- any reason for that?

For the sake of concreteness, what the tax rises that labour have implemented that people here think are particularly objectionable? And what benefits should be cut?

If you want a fairer system that replicates other high tax jurisdictions then we need to tax the higher earners less and the lower earners more.

One big problem we have in the UK is the perception that lower earners are over taxed and higher earners under taxed. The evidence, especially when compared to other tax regimes, shows the opposite is taking place.

If you want fairness and higher tax receipts you need to tax lower earners more. unfortunately that isn’t a ln easy political message to deliver but I’m afraid it’s true and backed up by virtually every tax expert and economist.

This government haven't raised taxes or National Insurance so you are paying the same amount of tax/NI as under the previous Conservative Government.

Who are these 'grabby supporters' that you are talking about? There is a group of millionnaires who are suggesting that if they were taxed an additional 2% on any income/wealth over £10 million, it would generate a lot more money than cutting benefits for disabled people.

The fury about VAT on private schools, which is really the only redistributive measure that this Government has implemented is out of all proportion to its impact. You can still easily afford to pay private school fees so its impact on your is minimal.

The previous Labout Government did use redistributive policies to help lower income families and the effects were transformative for lots of people, including me.

She could choose to send them to state.

Not only that, but these same people actually think benefits are hard to get. Yet 10 million people of working age are living off them.

Should a higher earner have the audacity to post on here about how there money doesn’t stretch far, watch them get jumped on by small minded, envious people about how they must be so bad at money management, how they are insensitive for posting, how they are stupid since they are struggling.

Yet there is thread after thread with people saying how they conflicted they feel when they see a friend, neighbour, relative, basically scamming the system or living off the benefits when they could easily work. A lot of the time, engaging in out and out fraud. And the same posters are told that there is no such thing as benefit fraudsters or those who could work but choose not to. That you are more likely to find a unicorn than that type of person. The protest and pile onto OP for pointing out the obvious is vicious.

These proponents of never ending freebies are in for a shock. The country’s debt to GDP ratio is over 100%. The country borrows £20b a month to pay just benefits and debt interest - Ponzi scheme if ever there was one. A thousand people a week are going onto PIP. Less than half the working population now pay for everything, with the top 10% holding the system up. And millionaires are leaving the country in their thousands, taking their tax and spending with them.

The Tories were socialists pretending to be conservative and created this mess, hopefully they will never see power ever again. Labour morons have arrived to finish off what left of this batshit country with full on red socialism.

Oh yeah! I do have memory and I do remember the NHS working, the GP giving you an appointment, roads and street lights being fixed when needed, water was clean, never heard of sewage spills or people becoming sick in huge numbers after swimming on a race, you could get a dentist, the pharmacy had whatever the doctor had prescribed you, you could get a full week shopping for a lower fraction of your average wage than today ( meaning, it was certainly more affordable, taking into account the value of tender and wage increase over time)
And I could go on, but I doubt you will actually listen.
Because, I do get that people do not like the idea of paying more or some of Labour's policies, but the blimming question of "were things worst under the tories?".... I mean, were you under a 900 tonnes rock or something?

They are going to the US, Canada, Australia, Dubai and the EU.

London has dropped off the 5 wealthiest cities list.

Despite the politics and attitudes of envy in this country wealthy people do pay their way.

What upsets me is the low aspiration attitude in this country. Level down not up!

In simple terms the issue with our tax and benefits systems is that there are too many levels where the incentive to earn more has been removed.

In some cases that is caused by punitive marginal tax rates, removal of childcare funding etc. In other cases it is caused by the structure of in work benefits.

Either way the end result is a huge fall in potential tax receipts for the Treasury and until that is addressed nothing will improve.

If you have never heard of countries with low or 0 tax regimes, you have led a sheltered life. There is always Google, you know.

I tried to! I am just one person.

Small island mentality. Crabs in a bucket. Always reveling in their own low aspirations, general laziness and misery, wanting to pull people down to join them so they can feel better about themselves.

I have heard of a few, yes. I am asking you to back up the assertions you have made on this thread that millionaires are leaving the country in droves and to tell me exactly where they are going.

As otherwise it just sounds like a load of bollocks that the average Reform supporting idiot comes out with.

They are not going to US, that is for sure!
If there is a place they are thinking of exiting is US.....
Are you following the news OP?

The country has been poorly managed for a long time, we should point the finger at the government and not at each other

This is true if your only metric is income tax. But once indirect taxes - council tax, vat - are taken into consideration this is not so. Moreover, many european countries have more generous benefit schemes than our which compensate for the higher rates of income tax on lower earners. Given the UK attitude to any form of benefits, I don't see that going down very well either.

Why would I do that? As I posted earlier I can afford the VAT imposition. Your next question ‘why is she moaning then?’.