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?

Why do you say ‘quite the opposite’? What are you envisaging

Well according to this study most of the self employed are underpaying tax anyway.Whodoesanddoesn'tpaytaxesAdvaniIFSTARC.pdf

As ever!

Well the fact that Labour mentioned ‘working people’ 21 times in their manifesto, is rather telling.

So I’m fortunate to earn over £48k but I’ve given up time, health and stress to get here. I’ve worked hard in my 20s, 30s and 40s to get here. I’ve overcome bullies and negativity as a woman to achieve this, so now I’m considered a target 🙄

People say bot and don’t understand what it means. You are one of them. Do you understand what a bot is? It’s not someone who has a different opinion to you.

That's a no then.

Just a bit of gossip from Sky intended to enrage their target audience.

Okay, so let's unpick this...

1. In their Manifesto the Labour Party said they would not raise taxes on 'working people'.
2. They are now changing their definition of 'working people'.

Hmmm.... nup. Beats me what the intention is.

Well it’s more that they never had a definition in the first place. Intentional, some might say.

But then I remember people having to care for elderly relatives or disabled relatives or kids. Like what are you supposed to do if you need to care for someone?

I have no problem in paying my share to support benefits for those who need them. But the government don't need any more money, they need to stop wasting what they have. The NHS certainly doesn't need any more for them to squander away.

Tax thresholds are ridiculous now as they have been stagnant. It's essentially stealth tax.

£7k above minimum wage is not a good professional salary by any measure.

But lets all get angry about it anyway

you can if you want

Thanks to a pay rise, in my mid 50s, I’ve just gone over this figure. I also newly single (not by choice) so need every penny to afford a home and other commitments.
So unfair.

Okay thanks. Agree on the NHS.

Is there any actual evidence for this claim, or is just your own thinking?

Around 20% of the working population earn over £45k, most essential workers are well below, so if you were earning more than that on your 20s, you’ve had good time. Good for you, but pretending that’s the ordinary experience is nonsense. So many responding here just don’t want changes to affect themselves, not even realising that they’re in the upper end of earners. The reality is, we’re all in the shit post-Brexit, post-COVID and the lowest earners have suffered the most through that. There’s massive changes needed to improve things, including investing in infrastructure. Everyone has to pay a share of that and higher earners of course will pay more.

Yes, I find this very odd when most professional public sector roles are paying over £45k after 5 years or less (social workers, teachers, nurses etc once you move up the bands you hit £45k pretty quickly). It's like they don't even know what their own services pay.

As a single mum to 3 (no fault of my own my exH did a terrible thing think criminal and can't see the kids now) I don't get maintenance. I rely heavily on a UC top up as one of the kids has sen, I earn 47k we are just about managing. Extra tax would not be fair and I'm beginning to wonder what the hell Labour is actually doing!

Report posters who you think are not authentic. Otherwise stop troll hunting.

She's in her 20s. My son is 24 and earns £30k. He lives with us so it's fine for him. His colleagues who have to rent manage just about but rent takes up a lot of their money.

Sorry but that just isn't true about primary school teaching in England, especially outside of London.

Does that include people working part-time and choosing to top up with state benefits?

I can assure you I'm not underpaying tax! I hate it when we all get tarred like this. And there are loads of idiots who seem to think that "cash" is the same as "cash in hand". My accountant is a boringly grey man who wouldn't dream of fiddling the books.

Just as an aside - an I'm not excusing it at all - the self employed often employ a small number of people, who get employer's NI contributions, employer's pension contributions, sick pay, holiday pay and maternity pay, none of which they get themselves. At the same time they government seems to want the employees to be paid almost the same as the business owner with this ever increasing minimum wage which is closing the gap all the time between the people taking all the financial risk and who live and breathe their businesses 24/7 and those they employ. Personally I'm not surprised some of them apparently cut corners here and there. And I'm not surprised that businesses aren't recruiting.

Obviously I'm not advocating people's wages being cut. However if the climate was made just slightly more agreeable for those who take the financial risks and start businesses, then productivity might increase.

Its a nonsense really, I'm an electrician, self employed, graft hard, go home filthy, often work through the weekends - really love my job, earn well over £45K - but there are Dr's, particularly at the junior end who earn less than me, but work just as hard, in a different way.

Long gone is the man in the pinstripe and bowler hat being the professional and high earner - And of course, irrespective of salary, most of us, be it a spark like myself or a Barrister, all work, the work is different, but work none the less.

Personal responsibility and “captain of my own destiny” have never featured much for the average Labour voter. And I say that as someone who grew up with absolutely nothing.