To not be happy about paying this much tax

[Lovingthehamsterwheel]

Name changed to enable objectivity.
I just saw this new tax calculator that shows you how much tax you are paying in total, including all hidden taxes, council tax etc

For a Person on 75k a year, 44 percent of earnings go on tax.

10k of that is spent on welfare.

Am i being unreasonable to think this is absolutely a terrible time to be alive in terms of taxes in the UK. And it is no wonder higher earners are leaving the country.

tax.corgi.global/

So basically - you'd rather not contribute into the society that you live in?? You do realise we don't pay taxes for our own personal benefit don't you? Taxes pay for everyone in society - not just the low or non earners - everyone.

I'm assuming you drive on roads? Would be grateful for a fire service turning up if your house was on fire? If you were in a car crash - you'd be picked up by an ambulance - and treated in A&E all part of the NHS regardless weather you had private healthcare or not? Have you had a child use a local play ground? benefit from your rubbish being taken away?

Ok that is a good point that I had not thought of!

This countries taxes people that work to pay people that don't work.

Reform fans out in force today it seems.

Welfare includes pensions and working families.

As long as it continues to be socially acceptable for so many able people to refuse to work, taxes will be high in the UK.

Well I have lived in 4 different countries and I completely disagree with your perspectives. It’s not about paying no tax - it’s about a punitive tax system which the UK has. And most things don’t work - I have had a friend of mine with cancer that was told by her private health provider if you had waited 6 not an ont be waiting list as the NHS had suggested you would be dead, for example. And my niece was having seizures and they kept dismissing her mum and the only test that was done was a blood test. No country is perfect - and I love the UK but hate the tax system.

But online calculators suggest that a salary of £75k results in £54k take-home pay after NICs and PAYE? So, only 28% is deducted as taxes.?

I am slowly getting off my horse actually, some of the thoughts and opinions from a different perspective are very interesting...
I Still think tax is too much... but your arguments around the needs for society are compelling.

Its not an income tax calcultor. Its a total tax calculator.

That calculator is pure click bait to make people think that the proportion of their income tax that goes to "Welfare" is for scroungers.

If you break "Welfare" down most of it will go on pensions. And I presume you are still in the market for a state pension OP when you reach retirement, and will expect the working population at the time to not continuously complain about how high their taxes are and it's all going on "Welfare"

Pure propaganda.

Depending on your skill set and your age, etc. you could look at leaving the UK and live somewhere, smaller state, smaller tax bill. As an idea.

Blame the last Tory goverment for their 14 years of economic incompetence.

BEXIT has meant 5% decrease in GDP, hence higher taxes.

Having just done the calculator, it includes your employers NI contributions - which you don't actually pay, but your employer does. Does that does skew it somewhat. Ours comes out at 42%, but without the Employer NI it would be much lower.

Yes, you would have to make sure you have plenty saved away in case one of them children ends up disabled OP. If you don't want a welfare state to support the vulnerable you will need to pay for the rest of their lives or just leave them to suffer and die. Factor in some extra saving in case they become disabled when they have a young child because that could be another mouth for you to feed.

Exactly this, and if you pay for private healthcare, surely you should get a reduction as you are freeing up services for others in need.
Also, many other countries have less tax and better services.

I earn less than half your earnings so that says 48% for me. Is that fair?

And it is no wonder higher earners are leaving the country.

Evidence, please.

Fasting growing economy in the G7, one of the fastest emissions reductions as well.

I think working people, by which I mean earners liable to pay income tax, get such a raw deal. But I don't think we should just focus on welfare (so cutting what we spend). We should focus on increasing what's coming in with just as much fervour.

I think we desperately need a wealth tax. As it is, those with asset based wealth don't pay anything like the same amount of tax as earners do. I think a tax on those with assets in excess of £10 million is needed, otherwise working people will continue to feel squeezed and those with assets will continue to acquire more, resulting in ever widening inequality in our society. It will take robust action by the government, and against those who are completely averse to paying tax, but if it isn't done, we will end up with a completely unequal society.

You forgot to factor in losing the £12.5k personal allowance, so it's actually higher than 45% in relative terms.

If you put in that you earn 10k, it says your tax rate is 55.4%...I wouldn't take much from it

Can I also add that no private medical insurance covers emergency care of any sort - you (or one of your children) are one car accident / slip and fall away from using such amounts of care from the NHS that would completely wipe out any 'rebate' you think you are owed from paying for private medical insurance

@Lovingthehamsterwheel

I am just reading “Daylight Robbery” by Dominic Frisby about how tax shaped out past and will change our future.

Its not as heavy as is sounds and also says around 40% for UK (France is higher) taxpayer which goes with what the calculator said for you also approximately over 3 million in tax for a middle class earning taxpayers lifetime.

In those terms a fairer society doesn’t sound so fair.

If people want their tax reduced, they should agree to never use the NHS.

Good luck with that!

I used a different calculator to you.

Yes, and the total tax (NI and PAYE) you pay on a sole salary of £75k is 21k (28%)?

My DH does actually pay 44% of his income as taxes, as he’s a higher earner and the bulk of his income is taxed at the higher rate. Yes, it seems hideously high but with NHS and social welfare bills spiralling, it’s difficult to work out where else governments can generate income to fund the compassionate society we all aspire to.

No, exactly. Its not fair. And thats my point. Its not fair.