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Fair?

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Comments

  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    DaddyBear wrote: »
    ...
    There are too many people receiving too many benefits and too few contributing too much.
    That's the way these social schemes work though.

    A small number will take much more out the NHS than they put in. It is much more like Insurance in this respect.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    andybenw wrote: »
    Mmmm Racist. Find yourself reported.

    He missed out the deep fried MArs bars for sweet;)
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    the_flying_pig wrote: »


    The numbers look a bit, well, flaky.

    The seventy-odd grand figure purports to be a “disposable income” figure, so what you’ve got left after taxes and arguably other stuff [including mortgage payments?]. You’d need to be on about £120k a year gross to have seventy odd grand a year after tax [incl NI], even assuming no other non-discretionary spend.

    There clearly aren’t very many individuals at all who have seventy odd grand a year of income that’s truly “disposable”, also clearly not 10% of households even... although note that the seventy-odd grand figure isn’t a cutoff point for being in the top 10%, rather it’s some kind of average for the top 10%.

    The numbers kind of, well, look ropy from start to finish really.

    Moreover, if you put your income before tax in as £45k it puts you in the 10th decile, but the average disposible income for the ninth decile is supposedly £42k. Clearly this calculator is broken...
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Going4TheDream wrote: »
    An international convention has determined that the North Sea north of the 55th parallel is under Scottish jurisdiction, which means some 90 per cent of the UK's oil and gas reserves are within Scottish waters.

    Do you have a link to this or name or something? I keep seeing this refered to in vague terms but nothing more concrete than that.

    It seems a bit strange to me. There isn't really any such thing as Scottish waters (yet) as there isn't a Sovereign country called Scotland. There is a place with devolved powers, rather like Blairs famous 'Parish Council', and most certainly there is a Scottish nation but there is no actual country.
  • Badger_Lady
    Badger_Lady Posts: 6,264 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    geneer wrote: »
    The top earners group is of course so expansive as to be meaningless.

    I guess you also have to bear in mind the transition into that group. I guess in my 10 years as an adult I must have been in every one of those groups! So work out that average then :p
    Mortgage | £145,000Unsecured Debt | [strike]£7,000[/strike] £0 Lodgers | |
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    It's a few years out of date, but I recall a statistic that said if you earned £27k or more, you were in the top 1% of earners in the world.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    A bit of fun, but interesting also

    http://www.paywizard.co.uk/main/Salarycheck/worldwide-wages-game
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    I wonder how it accounts/is modeled for VAT and Duty on fuel?

    That has a disproportionate affect on the less well paid as we know.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
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