Resentment at 100k

[Arseholeneighbours]

Theres a lot of vitriol spilt towards people being “high earners” at 100k and over. As net contributors, and most likely having made sacrifices, stresses and difficult life decisions, there’s many judgements about life choices , expectations and living within one’s means. What is the motivation to push forward in a career and to try and be as successful as one can if there’s no personal gain? It’s all well and good saying those with the broadest shoulders should take on the most - but to what end?

The £100k - £125k bracket is a bit of a weird anomaly that really should be smoothed out. However if you are earning at that level at the stage in life when you're paying childcare it is likely to be short term pain for a long term gain.

You could cut your hours, but that might impact your progression. You could alternatively use salary sacrifice significantly for those years. Either way there is still an incentive to acheive as childcare is only an issue for a short time and salaries continue to increase as you progress.

yes i believe a tapered benefit would make more sense

I agree that the child care allowance should taper off instead of just stopping, especially in the SE, where things are stupidly expensive, but is it really a really block to earning more?

You had options prior to having a child, such as living somewhere cheaper and having a longer commute, but you opted not to take them, and that's fine; it's your choice, your money, but you did have that choice. A lot of people don't have that because they cannot afford to buy a home.

Plus, you will still benefit in the long term from earning more even if things are a bit tighter while the children are young. Childcare is not preventing you from earning more; it's just making it a bit harder in the short term.

So you don't mind not getting it as long as other people get less too?

sure, if you want to read it like that

I lived in one of the cheapest surburbs of London prior to having a child. Im not sure what your point is? That I could have been saving all my life?

Did you know that the world doesn't end at the M25 and you could live outside of London? Or even (gasp!) outside the South East!

That you could have stayed there until you no longer had to pay childcare, instead of getting a massive mortgage and then complaining that you can't afford the lifestyle you want.

ooh! how had i never thought of that.... i'll move to wales and commute from there

Im not talking about lifestyle, Im talking about a badly devised policy

Most of the action in the country is in London. It's where things happen.

Wales might be a bit far, but people can and do commute from the midlands to London. Or perhaps you should choose a career where you work from home. After all, according to this thread, you just pick the job you want and as long as you're a hard worker you can have it.

That's right. All of us in the rest of the country are just sitting on a dry stone wall, staring gormlessly at a sheep.

Yes, your correct - I just waltzed into a flashy central london office and demanded a role no questions asked

You’re quite right. We don’t even have electricity Oop Norf, I have to work by candle light.

I make my children hold them for me after their shifts down t’ mines.

I entirely agree. I think the incentive to make the right choices is being eroded.

I also have no issue with paying higher taxes for it to end up in the right places, but I don’t think it is.

In my personal life I’m very prudent, believe in financial resilience, personal responsibility and value for money. It’s hard to see it being spent in the way it is.

If you want fun and excitement and a city that never sleeps where do people move to in the UK?

None of the things you’ve just said describe London, for most people.

Newcastle, Leeds, Manchester...

People don't accept this, there are lots of people campaigning for a completely different childcare system - but until people like you join them, it will never change. I suggest you stop moaning on here and do something about it.

Not much help financially, so I couldn't shank it on holidays and having my nails done, spa days and the usual shit that 'benefit scrougers' are supposed to be doing. Took ages to get the basics sorted with rent and money for food on the table.

Manchester is amazing it definitely has London vibes when it comes to fun etc. but with far less risk of being flattened by a Deliveroo moped or having your phone pinched

So you got something?

I am generally moderately leftist and like the budget despite being (thus far) very financially comfortable.

However I agree with you about this. Tapers are generally better than cliff edges, be it child benefit, tax brackets, stamp duty, etc.

I would also support a taper.