Not an ordinary working person if you earn over 45k

[TesChique]

Disincentivising anyone to strive to earn over 45k a year is a bizarre strategy for growth i feel

Aibu?

I also asked the PP, but the cat had evidently caught their tongue.

Basically once you hit higher rate tax you are fair game

Try bringing up kids in London without at least one of you bringing that in. Hard enough with both of you doing it.

Yes, that is my situation exactly and it is soul destroying. At the same time as saving lives, my debt is increasing as every day problems can push me over what I can cope with. I have been working an extra day a week on top of full time hours for the last 1.5 years but I cant keep it up and its just left me with a massive tax bill.

Absolutely.

This is all consistent with Reeves and the number of barefaced lies she has told.

She is also delphic - hence Labour tying themselves in knots over what is, is not a ‘working’ person.

I’m not sure that’s true. I work in local government and you dont need to be particularly senior to earn £45k it’s a PO1 level.

So, don’t engage.

Simples.

I heard this when it was revealed on Sam Coates podcast that he does with Anne McElvoy of Politico.
He specifically said that the treasury are currently working on the definition of a working person. This is exactly what it's about. Right now, their plans are to only apply that meaning to the bottom two thirds of earners, but it could change.
Of course there are differences according to ones tax arrangement, but it doesn't change the fact that the top third starts at around £45K in most cases.

People do all the tine

Many of us can empathise with Sunak - we also called it, at the time….

It really surprises me how people on 45k+ dont want to contribute more tax. The country is going to the dogs for myriad reasons and we all need to contribute more. Happy to pay a couple of percent more to get a decent functioning country again after it was destroyed by tories. You realise the extra would only be put on any earnings above 45k? I have had enough of all this. I hope they do it. Raise it by 5%, bring it on. Clean the streets, funding for children, mental health, elderly care. Why are we all so happy to be eeking out our lives in this miserable way, clinging on to a few extra pounds? Get a grip.

It totally disincentivises people from progressing and working. My husband could work overtime but it's not worth it, he'd only take 40% of it home

It’s not a source of the proposal. Sky News click bait is irrelevant.

Do you also support people who get benefits taking them over the net income of someone on a £45k salary paying extra? If not, why not.

On 50k, people are not net contributors. Income tax and NI is just under 10k. The Government is wasting so much money now per person that you have to pay over 15k tax for each person in your household. The issue is not people paying enough tax, it is the spending per person is completely unsustainable.

Because Labour are refusing to also make cuts!! They are spending other people's money and treating it like it belings to them. No attempt to reduce debt etc.
Don't worry though, after they've bled middle earners dry they will come for you!
Like Thatcher said "eventually socialists run out of other people's money".

10% of the population pay 60% of the tax. That isn't sustainable

That’s not a source. It’s completely irrelevant.

I agree, my eldest has just started his first grad job on £35k with a £2k sign on bonus. I’d be expecting him to hit the £45k within a couple of years. £30k is very entry level for a professional role

Did you consider maybe not having multiple children?

Yes my point exactly. I’ve been asking since page 1 where the 45k comes from. It’s just made up by Sky News. Rachel Reeves hasn’t said anything bout targeting earners over 45k.

Now now no need for the insults just because you are wrong 🙃

Speaking of sources, are you dismissive of the notion because it would impact you directly?

You appear very keen that the reports prove inaccurate.

People are not all motivated by the same thing. If your husband doesn’t want the overtime then he obviously doesn’t need it - great news for others who need it more and will pick it up. He gets to spend more time doing what he enjoys. It’s ok for people to make different choices.

And the Tories didn’t waste any money on unusable PPE or unfinished HS2.

I earn 70k, my husband earns 75k. I find that obscene, frankly, for a basic middle management role. Why should I be on twice the average. Tax me more, ffs. It is 80% luck. I dont work as hard as a nurse.