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How middle class families pay 49% of income in taxes - The Telegraph
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The middle classes have been picking up the tax burden in recent years because they are an easy target. It's got very little to do with fairness.0
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IveSeenTheLight wrote: »While I completely understand and agree with what you are saying, you must be earning more than £1,100 take home per month if your paying 40% tax
But you've forgotten rent/mortgage - I don't know the thread in question, but I assume on earnings of £350/month you'd get LHA. So with free rent/council tax on top of the £1100/month it could quite easily add up to a higher rate taxpayer's after-tax income.0 -
But you've forgotten rent/mortgage - I don't know the thread in question, but I assume on earnings of £350/month you'd get LHA. So with free rent/council tax on top of the £1100/month it could quite easily add up to a higher rate taxpayer's after-tax income.
I hadn't forgotten rent / mortgage because as far as I was aware, rent is not paid by the government direct to the landlord, therefore the money they get is part of their top up allowances i.e. their 'net' take home pay:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
people who earn nothing should get nothing - all this empowerment stuff makes me sick. rent should be paid direct as should bills and then food stamps for low class rank food only. no cash for these scum bags. no need for it.0
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The_White_Horse wrote: »people who earn nothing should get nothing - all this empowerment stuff makes me sick. rent should be paid direct as should bills and then food stamps for low class rank food only. no cash for these scum bags. no need for it.
You darling.
Is this the same middle classes that are claiming almost exactly what they are paying in tax back in benefits?
Just wondering...........Retail is the only therapy that works0 -
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The_White_Horse wrote: »i pay shed loads of tax and get NOTHING back.
A fool and his money...etc.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
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The_White_Horse wrote: »you tell me what i am entitled to then...
I don`t know braggart you tell me?Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Round here, 3 kids and on benefits would get you £1600 a month in LHA. To earn that money as a 40% tax payer, you would need to get £32k. Unbelievable £32k of your gross salary just to pay the rent to benefit levels.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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