Originally posted by sasguru
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Ok so it includes the potential for other income above after tax salary - do you have a better stats to point to?"why ride a vespa when you can push a lambretta?"
As I look ahead, I am filled with foreboding; like the Roman, I seem to see "the River Tiber foaming with much blood." -
Why “after tax salary”?Originally posted by Major Hassle View Post
If it’s stats you want, click through the BBC page to HMRC’s own figures.
General election 2019: Does GBP80,000 put you in the top 5% of earners? - BBC News
Percentile points from 1 to 99 for total income before and after tax - GOV.UK
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WGAFF??????Comment
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Complete load of wank.
If you look at earnings before tax £80k may be in the top 5%
If you look at the the top tax payers, £80k is so far away from 5% it's fu cking laughable.
And if you look at who pays % of tax, it's completely laughable!
Lies, damn lies and statistics.What happens in General, stays in General.You know what they say about assumptions!Comment
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Thank goodness all our politicians have a good grasp of numbers.....Comment
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You haven’t provided any of the third one, but at least you provided plenty of the first two.Originally posted by MarillionFan View Post
Earnings before tax of £80k is in the top 5%.
If you look at who pays tax, the top 10% of earners pay 27% of the tax take. Because they take in 27% of the gross income of the country. The lowest-paid in the country don’t pay income tax, but they are disproportionately hit by VAT, which evens things out.
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The BBC posted an update to that - due to wage inflation between when those figures were published and today the 95 percentile is now 81,000 or so.Originally posted by meridian View PostWhy “after tax salary”?
If it’s stats you want, click through the BBC page to HMRC’s own figures.
General election 2019: Does GBP80,000 put you in the top 5% of earners? - BBC News
Percentile points from 1 to 99 for total income before and after tax - GOV.UK
merely at clientco for the entertainmentComment
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I am in the top 98% and I still feel poor most weeks...
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The problem is you look upwards not down. Its not wanting what others have got. Its wanting what you have got.Originally posted by dx4100 View PostI am in the top 98% and I still feel poor most weeks...
Life is like climbing a tree with others. Looking up you just see 4rseholes.Comment
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Which of the CUK members was on Question Time?
Originally posted by dx4100 View PostI am in the top 98% and I still feel poor most weeks...The problem is that as social animals we tend to hang around with like-minded and economically similar people.Originally posted by BrilloPad View Post
Our social bubbles are restricted to others that have a similar outlook and similar incomes. The bloke on tv that thinks that £80k is an average income probably thinks that because within his social circle it is average.
It’s also why certain posters think that “austerity has ended”. For them and their peers it probably never really began.Comment
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