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Who would be a millenial?

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  • stator
    stator Posts: 7,441 Forumite
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    Generali wrote: »
    This is just a myth.
    Not it's not. The very rich can live in any country they wish and they always do, they base themselves for tax purposes in monaco or somewhere similar.
    Changing the world, one sarcastic comment at a time.
  • Generali
    Generali Posts: 36,411 Forumite
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    edited 19 July 2016 at 12:41PM
    stator wrote: »
    Not it's not. The very rich can live in any country they wish and they always do, they base themselves for tax purposes in monaco or somewhere similar.

    Not the ones I know.

    HMRC produces statistics on this that contradict your point. I've posted links here many times before and frankly I'm bored of arguing with people that are envious of people that are more successful than they.

    Reconcile yourself that both failure and ill-fortune/health are bailed out by the rich via the welfare system. You aren't paying the bill so you should be thankful I guess.

    If you are rich enough to be a net payer then again, perhaps you should be grateful for your fortunate position in society.
  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
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    stator wrote: »
    Not it's not. The very rich can live in any country they wish and they always do, they base themselves for tax purposes in monaco or somewhere similar.

    Jealousy is a terrible disease. Get well soon.
    Every generation blames the one before...
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  • michaels
    michaels Posts: 29,133 Forumite
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    Generali wrote: »
    Not the ones I know.

    HMRC produces statistics on this that contradict your point. I've posted links here many times before and frankly I'm bored of arguing with people that are envious of people that are more successful than they.

    Reconcile yourself that both failure and ill-fortune/health are bailed out by the rich via the welfare system. You aren't paying the bill so you should be thankful I guess.

    If you are rich enough to be a net payer then again, perhaps you should be grateful for your fortunate position in society.

    Is tht the same HMRC that claims that increasing the top tax rate does not increase the tax take?
    I think....
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
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    One of the issues is that in any discussion people use words and not precise data.

    "rich person" "very rich" - means something different to everybody.

    Some here might be speaking of those earning, say, £35k (which to me is a rich person) - and others are speaking of oligarchs. To me a "very rich" person's about £50-60k upwards.
  • michaels
    michaels Posts: 29,133 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    One of the issues is that in any discussion people use words and not precise data.

    "rich person" "very rich" - means something different to everybody.

    Some here might be speaking of those earning, say, £35k (which to me is a rich person) - and others are speaking of oligarchs. To me a "very rich" person's about £50-60k upwards.

    And yet you have much more personal disposable income for discretionary spending than people I know who earn the latter.
    I think....
  • Wednesday2000
    Wednesday2000 Posts: 8,368 Forumite
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    It does seem unfair that Millennials have had their working life affected by the 2008-2009 crisis and now may well have opportunities taken away from them by Brexit and maybe by another recession.
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  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
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    It does seem unfair that Millennials have had their working life affected by the 2008-2009 crisis and now may well have opportunities taken away from them by Brexit and maybe by another recession.

    My point exactly (and my mother agrees with me deeply on this one).

    We're not allowed to blame the previous generations though, because that's considered rude. :D:cool:
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  • Wednesday2000
    Wednesday2000 Posts: 8,368 Forumite
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    CKhalvashi wrote: »
    My point exactly (and my mother agrees with me deeply on this one).

    We're not allowed to blame the previous generations though, because that's considered rude. :D:cool:

    I'm not a Millennial myself (Gen X) but I have sympathy with them as I know people who are just a few years younger than I am, but have struggled more with student loans, housing etc.
    2025 GOALS
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  • undetterred
    undetterred Posts: 635 Forumite
    500 Posts
    It does seem unfair that Millennials have had their working life affected by the 2008-2009 crisis and now may well have opportunities taken away from them by Brexit and maybe by another recession.


    What opportunities have been taken away?
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