Middle earners punished

[Eucalyptus321]

I am feeling so disheartened and frustrated by how middle earners are constantly suffering at the hands of ridiculous government priorities. My husband and I have a greater household income than other families we know but have less cash in hand due to increased taxes coupled with the fact we receive zero benefits like child benefit or tax free childcare etc. ZERO. If they want middle earners to fund the country thought tax then at least support us with childcare costs. It’s a joke that two parents earning £99k each get childcare funding but parents with one £101k salary and one £25k salary receive nothing. I just need to speak to people who understand the burden of raising a family amidst the current financial climate and then the potential of further tax rises!

So you'd rather they did that than encourage other people to try to earn more?

People are pissed off because there are millions of people not working, claiming they have anxiety, get more in tax-free total benefits than the median salary.

There is no incentive to earn more, work hard as the state takes too much and is far too generous to people not willing to learn and work.

Honestly, I don’t care. So you earn £10k more than me, in the same place. I don’t have an issue with supporting society. I live well. If you want to Keep up With the Kardashian’s as they said 10yrs ago then you’re out of luck. But you’re still massively privileged

They are easily the most expensive years. Thousands per month for some people.

The earner on £101k can cut their hours to 4.5 days a week and you'll be entitled to help with childcare costs.

Mumsnet has taught me that people on 100k are somehow really bad with money. There are plenty of people on low wages who can afford expensive theatre tickets and restaurants. They’re definitely not the reserve of the rich!

You must have had a larger than average family to have nursery fees over more than a decade. That is. result of choices you have made.

From the FT.

Unfortunately it is and it’s wrong on all levels

What does encouraging someone on £90k to earn more mean? They try harder at their job? It’s a ludicrous fallacy. This is very very much a pre-budget shill thread

WE KNOW

It's shit

So true - I am at the final stage of interview and they asked about salary….I said less so I could stay under the childcare threshold! So less tax for government as it happens also!

You can earn up to £80k now and still claim child benefit. You just need to complete a tax return and pay a proportion back on what you earn over 60k

How about people supporting themselves? Is t that a novel idea

I know, I have paid it all 😅 The point is the expensive years don’t stop after nursery.

Also, the alternative, if you genuinely think these people are better off…is to join them. And not work. But you don’t really think that do you…

Yep and we get nothing like the social services Sweden gets :(

Yes by take home I meant after bills.

Well I mean in modern day society, yes. You have privilege to get where you’ve gotten? Great. Not everyone does

or would you rather see kids dying through lack of food or sanitation like in the ‘good old days.’

im not a mega high earner individually but we do pretty ok as a family , but I do wonder if many lower earners understand how tax works - when you get over £50k you are taxed at 40% on the part over £50k - and more I believe if it’s over£125k - so some family earning 120k isn’t getting 10k a month, more like £6 to £7.5k if they have student loans, then childcare in many areas costs a bomb if you have more than 1, even with funded hours, mortgages and rents are very high in many areas where there are more better paid jobs- in fact I would bet my last rolo that plenty of working class families in cheaper areas with moderate jobs and needing 2 kids in childcare are at least as well off as the OP after bills and yet are the kind making ‘it’s alright for you snarky comments’ -

and my point is that the years after nursery tend to be less expensive. That's all.

And this is a great example of why the policy makes absolutely no sense.

It must actually be costing the government in lost tax receipts and they don’t even get to save on paying the free childcare hours.

Well I earn around £120k and I’m also a landlord.

I’m disappointed they bottled the income tax increase as I can easily afford another couple of % tax (but would probably reduce my pension contribution to compensate).

And I’m not even close to being a middle earner - I’m probably in the top 5-10% of earners in the country.

I also don’t feel rich. I’m comfortable, have nice holidays and can save, but I’m by no means rich.

And if that is so how does it land then on the lower earner to pay for it all which was the suggestion?

Crazy that in a marriage the one earning over 100k is the one refusing to pay a huge bill because they have a penis leaving it to the lower earner to pay it all because she has a vulva. Leading her to consider if work is viable or not.

Imagine that? A team working as a team. What a novel idea.

So utterly sick of this type of shit. And on the eve of the budget! I’m absolutely shocked 😂

Op, “you’re” doing really well despite having to pay nursery fees.

15 years ago when mine were babies there was literally nothing except paltry childcare vouchers and 15 hours at age 3, for 1.5 years before they started school.

I don’t doubt that there could be massive improvements in the targeting of state childcare and other financial support, but targeting comes with a big cost in means testing. That’s why the stupid high income child benefit charge has persisted despite penalising single parent households on more than £60k whereas a dual earner household can earn £120k per annum after pension deductions before paying a penny back

If you’re going to do a serious criticism of current childcare support and taxation regimes, then at least try and do some sort of analysis of who really stands to have the least money in their pockets. clue, it probably isn’t middle to high income dual earner couples!

An assumption that is far from reality