Tax Credits cuts - don't know what to do

MissMoneypenny

affordmylife wrote: »

i love the phrase 'cut your cloth according to the grain' and think we should all just get on with it and stop moaning xx

Close: it's "cut your coat according to your cloth".

In other words you can't have a big coat if you haven't got enough cloth.

viktory

melly1980 wrote: »

Its your kind of attitude that makes me hope that they wipe out the tax credits for all the jealous lower earners.

I was kinda hoping they'd wipe out tax credits completely.

FBaby

dreavi wrote: »

You're assuming that he is one of the "jealous lower earners" as you put it. He could quite easily be a higher rate tax payer that doesnt receive any tax credits. Therefore he probably feels aggreived that his tax money is paying for somebody else's £25 haircuts and £30 worth of entertainment. Shocking though it seems some people dont get any tax credits. I dont think the OP's budget is particulary extragavagent but when you take tax payers money you open yourself up to recriminations.

Personally I dont care either way but I think the OP should look into taking a career break as her job doesnt seem to pay enough to make it worthwhile

I'm a higher rate tax payer and if I had a choice, I would much prefer my taxes to pay for childcare for a few years to allow someone to continue on their career path than contributing for 18 years for a family that chooses to work part-time because they can do so and get tax credits to subsidise that choice.

anguk

melly1980 wrote: »

they are only reliant on the benefits for the childcare. Why should the lower earners get childcare paid for to enable them to work so that you then end up better off than someone who isnt eligable.

Its your kind of attitude that makes me hope that they wipe out the tax credits for all the jealous lower earners.

So in your ideal world only the high earners would get tax credits while low earners get nothing?

Childcare costs haven't gone up because of subsidies for those awful low earners that you seem to despise so much, childcare costs have gone up because the last government has been happily throwing childcare vouchers at everyone - low and high earners.

anguk

ekkygirl wrote: »

Is that what it's called? you tell us you claimed it! It didn't magically appear.

I really hate this "holier than thou" attitude on these boards when people ask for help.

I really hate people being rude to other posters for no good reason.

UnderPressure

I am truly amazed

Not only by the fact the OP finds herself in this ridiculous position with 45k household income but as always the "usual" MSE nitwits have been out again offering their usual dreary words of wisdom!

I hate to agree with the masses OP but now might be a good time to have a work break. Maybe consider some further education to occupy your time and stregthen your CV for the future, suich a shame that anyone should find themselves in this ridiculous position of having to think about giving up work as they can no longer afford it!

Best of luck OP to you and your family with whatever you decide

melly1980

anguk wrote: »

So in your ideal world only the high earners would get tax credits while low earners get nothing? .

Never said any such thing. By all means show me where I have. Back in the real world what I did say is that higher earners are subsidising the childcare payments for lower earners. So what purpose does it serve to make it impossible for a higher earner to work, because thats what we are talking about here. The sneering from the lower earners is mind boggling. People who assume that they should get everythink and the higher earners nothing. It doesnt even enter their uneducated little brains that their money is being topped to to almost the same as many of the so called rich people. Never mind tho, your entickled to it. You need it for "me fags"

anguk wrote: »

Childcare costs haven't gone up because of subsidies for those awful low earners that you seem to despise so much, childcare costs have gone up because the last government has been happily throwing childcare vouchers at everyone - low and high earners.

Correct.

And when changes to the tax credits system have meant that higher earners no longer qualify these people now find it uneconomical to work. They have been let down by a system that is still allowing people on a lower income to work but not those that are subsidising it. Only someone with less brains than a molusc would proclaim that this is fair.

anguk

melly1980 wrote: »

Never said any such thing. By all means show me where I have.

How about this?

melly1980 wrote: »

Its your kind of attitude that makes me hope that they wipe out the tax credits for all the jealous lower earners.

melly1980 wrote: »

The sneering from the lower earners is mind boggling. People who assume that they should get everythink and the higher earners nothing. It doesnt even enter their uneducated little brains that their money is being topped to to almost the same as many of the so called rich people. Never mind tho, your entickled to it. You need it for "me fags"

That's quite a nasty sweeping generalisation, not everyone who earns a low wage feels entitled nor do they all need it for "me fags", at least no more than some higher earners who may feel entitled so they can have a holiday.

For the record, I don't get and I have never received tax credits so I'm not one of those nasty little jealous people you post about.

melly1980

anguk wrote: »

How about this?

Its your kind of attitude that makes me hope that they wipe out the tax credits for all the jealous lower earners.
.

You were asked to provide an example of me claiming that they should get rid of tax credits for low earners while keeping them for high earners. You have failed to do this with that quote, it says nothing of the sort.

AnxiousMum

This is getting kinda nasty! Would I rather money from taxes that I pay go towards somebody who is trying to make a better life for themselves by working, advancing their career - and need help with daycare? Or......would I prefer it go to the odd person who knows how to fraudulently play the system and get benefits without working that in reality, they should not be entitled to. Hmmmm, I know where I would rather it go! I've been very fortunate, in that I work term time, school hours, and based from home. So even if the kids are off sick, it very rarely 'stops' me from working the entire day. OH also works term time, school hours (albeit in a school - sucker!!! lol) - but, if I did work M-F, 9-5 and had to allow time to get to and from the workplace - it quite simply would not be financially beneficial to me to do so. As a family, we would not be entitled to any childcare assistance. In about 3 years, youngest will be in high school - so it would then be beneficial for me to work full time - though, I won't, as we like having all school holidays off as a family. This is my choice - not linked to benefits in any way - as up till this week we only received the £10.40 per week CTC and the child benefit. Now this week, we are down to the child benefit. But.....I knew it was coming - it's been well advertised, we all had the opportunity to vote last year, and I'm sure that those who voted took the interest to see just what changes were going to affect us when the budget came out. The cuts should really be no surprise to anybody ...... should they?