To be confused by 'high earners' complaining about taxes?

[tutuland]

So high earners pay lots of tax. The top 20% pay for 70% or whatever the numbers are.

But (beyond printing more money) isn't the money there high income people make just coming from the paying public? No matter who you work for, your company's profit is just an accumulation of normal people paying for things.

So ultimately, isn't it all our money anyway? Just beacuse the game is rigged and you get paid 400K for management whatever, it doesn't mean you're more deserving of that money than anyone.

They sold stuff customers wanted and customers voluntarily exchanged money for

Correct. In the UK, the NHS has a near monopoly on the employment of medical professionals. In the U.S., medical practices and hospitals compete to hire them. Nurses here can easily make 80k USD per year, and more with specialized experience.

Do you really think higher-rate taxpayers should just accept the waste and mismanagement of the taxes they pay, without complaint? If anything, they have more reason than most to complain - they are the greatest contributors after all.

You think they are morally dubious? Really? Is that because they haven’t simply moved to a lower-tax country, but have instead stayed here, continuing to prop up a broken system and an inept government that so many people depend on?

I've told NHS nurses this and they respond very angrily about "privatisation"

Because that works so well in the US...

Im happy to complain because im sick of paying out hundreds of thousands of pounds in tax every year (2x companies and a PAYE role too) for it to be pissed up the wall by morons in government quite frankly

If there was no profit to reward shop owners, there would be no shops.

Yes, that’s capitalism.

I think the point she's making is that consumers have to pay more for things because businesses are paying a lot to high earners and shareholders, and that those people wouldn't have their money if it wasn't for the rest of us paying for over the odds for things. So, in short, where would high earners be without us?

I'd say that each state in the US the different. The US system has major laws as well. But there's a world apart from the just the NHS and the USA.

What does your husband do that he 'deserves' 250k?

More than a surgeon, a taxi driver, guy working night shift at McDonalds.

Yes thanks!

Who said no profit? Just higher taxes.

The doctor chose to be a doctor, they could have started there own business or gone on benefits. They knew what the career progression was and of course the options to leave the UK once they were qualified and earn much more abroad. All up to them.

What you are talking about is true communism, everyone contributes what they can and everyone gets what they need. No one gets more than that, theoretically of course it never works out like that somehow. What happens to those who don't/won't contribute? don't ask!

Bonkers

Or where would you be without the high earners subsidising you...

Maybe some nurses would like to not make 250K but live in a fair society where healthcare is a human right not a privilege.

Yes but where did these high earners get their money? Beyond actually mining for bitcoin- your money came from the pockets of society.

Why does everyone report things like that? I'm not being goady. You cant even handle a conversation about this Lol

So high earners (beyond those actually mining bitcoin) are getting paid from the pockets of many, many members of society.

And the patients pay for it, we don't want to pay but expect someone to fund big wages and world class treatment. Both systems are flawed.

But surely you could complain about that if you paid 7K in tax as well?

Especially given that on a salary that pays 75k in tax, you definitely have the option to go private...

Taxes reduce profits, lowering the incentives to work and invest in the shop or open new shops.

High marginal tax rates thus lead to lower economic growth, which in turn leads to lower tax receipts to fund government.

He deserves it because his employer wants to pay him that much. He's on the brink of partnership at his organisation. I won't say what exact service line he's in. But he works tirelessly to deliver for the clients and often works 80-90 hour weeks. He's constantly on call and even has to work weekends to deliver. Clients are super happy with him and want him to continue working with him.

Surgeons are "allowed to make £100k+" but others can't. Taxi drivers and those at McDonald's are less skilled.

It can actually mean a loss of £20k in net pay.

This. Wages are set largely by supply and demand. Employers pay high wages to certain employees because it is profitable to do so.