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2.5 Million Families on £100k/year Don't Feel Rich

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  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    kabayiri wrote: »
    I'd say, as a target, middle income Britain is a sitting duck for a government desperate for more cash.
    But £100k isn't middle income Britain is it? Isn't there a statistic somewhere that says anybody paying higher rate tax is already right up there in the Top X% of earners in the country.... and £100k is something like the 2% or so? Although I might be mixing up income and household income. But still, £100k for a household is probably higher than 90% of others.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    It's very difficult to be in the places where people who earn more are hanging out and doing stuff.

    I only ever seem to meet people on the dole. Except online, which is why I am here so much.

    Its not easy to get o exclusive events, but thats not the only place to meet people of differnt income brackets. Anyway, it will be even easier soon.;) You can have lunch in DH's canteen with him if you like.;) I'm thinking of prawn free alternative suggestions BTW...just not sure yet what to suggest. I would suggest something like Pizza on the Park but the music might be uncomfortable for you IIRC, so ...I'm still thinking!
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Its not easy to get o exclusive events, but thats not the only place to meet people of differnt income brackets.
    I didn't mean exclusive events. I mean just a "nice pub" rather than a Wetherspoons on special offer night.

    I've actually no idea where wealthy people do hang out... golf clubs? at each others' houses at dinner parties?
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    edited 7 December 2009 at 7:04PM
    But £100k isn't middle income Britain is it? Isn't there a statistic somewhere that says anybody paying higher rate tax is already right up there in the Top X% of earners in the country.... and £100k is something like the 2% or so? Although I might be mixing up income and household income. But still, £100k for a household is probably higher than 90% of others.


    Its soon to be in the new middle taxation bracket, which I agree is not entirely accurate, and will lead to much righteous indignation. But As a household income its not so terribly far off. Once basic needs are met (and I find all the tax credits etc confuse this issuse) you initially have to decide priorities for the bit extra. Recently I tink people thought they could have it all, which has confused what is truely afordable and what isn't, on appearances.

    Edit: rich percentage has changed quite quickly if I remember. I'm sure there was a gadget on here at one time where you could see how ''rich'' you were (only on annual income) compared to rest of the country.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    I didn't mean exclusive events. I mean just a "nice pub" rather than a Wetherspoons on special offer night.

    I've actually no idea where wealthy people do hang out... golf clubs? at each others' houses at dinner parties?


    Why can't you go to a nice pub? :confused: as opposed to a Wetherspoons? Cost of a drink? Eek it out if thts a problem. I guess I only ever have one/two. I often just drink water.

    Rich people hangout....all sortd of places where other people hangout. That's sort of my point. They also hang out at other places ..some hangout with other rich people to feel worthy, some just have interests hobbies and life to get on with. At this sort of bracket, they'll be in normal places...the supermarket, the pub....might try and do some worthy stuff...but won't afford too much of that, compartively (especially if paying car finance!). At work, a lot of them....
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    But £100k isn't middle income Britain is it? Isn't there a statistic somewhere that says anybody paying higher rate tax is already right up there in the Top X% of earners in the country.... and £100k is something like the 2% or so? Although I might be mixing up income and household income. But still, £100k for a household is probably higher than 90% of others.
    I really don't know PN, you could be right.

    I think the newspaper story chose the figure as an easy number to digest, and the figure of 2.5m families is quite a significant number.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    I've actually no idea where wealthy people do hang out... golf clubs? at each others' houses at dinner parties?
    It's usually wife swapping parties, mixed in with the occasional swinger's night.

    It is getting harder now though. When you toss your car keys into the bowl, one set of Audi TT keys pretty much looks like the others! ;)
  • pie81
    pie81 Posts: 530 Forumite
    Frankly everyone in Britain is "rich" compared with 80% (if not more) of the rest of the world.
  • Bootski
    Bootski Posts: 771 Forumite
    Stupid, Selfish and everso greedy to think you can't live on that amount of money.

    In fact - it's BARBARIC

    & so these people should be taxed to the hilt.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Mitch just perfectly demonstrated my post :p
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