£100000 is only £65000 after taxes

Shift workers maybe but if someone does its their choice of overtime which they are being paid for, not forced to work until then

Another one: if you earn £400000, your take home pay is actually only £222000.

lolwat

notsureifsrs

Congrats, you've discovered taxes!

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That's what Thatcher attempted to introduce (the Poll tax). It ended her political career

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he's very srs.

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Misread, thought he said 40k and 22k for some reason.

Still gutting though.

If you earn £100000 a year, your take-home pay is only £65467 after income tax and national insurance. So you literally lose more than a third of your income to the government. Surely this is really unfair to those who have worked really hard. I would much prefer it if everyone just paid 20% of their income in tax

It's not fair that the common man (wlog) has to pay this percentage of their income when the multi national big corporations eff hiectively pay nothing.

What is more interesting is the Government is well aware of this, more so than you and I, to the point they decide the tax laws for many tax havens.

http://www.independent.co.uk/news/uk/politics/britain-should-not-crack-down-on-tax-havens-as-it-would-destroy-their-livelihoods-senior-tory-mp-a6969121.html

They could choose to shut them down but the won't for many reasons, not worth discussing here.

The overriding point is this - its one rule for the multi national corporations and its one rule for the common man. Why?

Coincidentally if everyone including the big companies paid 20% then the tax revenue would actually increase.

You can't blame me for wanting to move my families business interests off shore - its legal and all the big fish are doing it and are being allowed to do so by the Government, so why can't I?

Contributing back into society isn't a punishment, it's collective responsibility. As much as wealthy people would like to believe that their success is theirs and theirs alone, this is a falacy that simply exists to serve their egos and justify their excesses. In reality their success relies fundamentally on the infrastructures that have been put in place through taxation, i.e. an educated and healthy workforce, transportation infrastructure etc. Wealthy people are not taxed more because "they're successful", they're taxed more because they're more able to pay. Someone on a £100,000 salary believing that they're unfairly treated in comparison to someone on a £20,000 salary really needs to get off their high horse and come back to planet earth.

And of course there's the additional factor that salary is most definitely not a great indicator of how hard you work. There are plenty of incredibly hard careers that pay dismally, like research, teaching or many healthcare professions.

Contributing back into society isn't a punishment, it's collective responsibility. As much as wealthy people would like to believe that their success is theirs and theirs alone, this is a falacy that simply exists to serve their egos and justify their excesses. In reality their success relies fundamentally on the infrastructures that have been put in place through taxation, i.e. an educated and healthy workforce, transportation infrastructure etc. Wealthy people are not taxed more because "they're successful", they're taxed more because they're more able to pay. Someone on a £100,000 salary believing that they're unfairly treated in comparison to someone on a £20,000 salary really needs to get off their high horse and come back to planet earth.

And of course there's the additional factor that salary is most definitely not a great indicator of how hard you work. There are plenty of incredibly hard careers that pay dismally, like research, teaching or many healthcare professions.

How is someone earning £200,000 and paying 40% tax on 80% of their earnings not being unfairly treated compared to someone on £20,000 paying 20% on half their earnings and 0% on the rest? The tax burden is overwhelmingly on higher and middle earners. Low earners contribute next to nothing

By your own logic everyone should be getting jobs that earn them 100K a year. Everyone in the UK has access to the benefits.

The people who earn 100K salary are in that position because they either worked hard when they were younger to achieve the grades to go into a well paying profession, or they worked their way up the corporate ladder.

This notion the working class have that they work as hard as people like my father is honestly not very realistic. There are plenty of people who work for him that I over hear saying that he does nothing but go to meetings and sit in the office, and yet they don't see that he is the one paying their wages, he is the one who runs the entire place and without him they would be jobless. They fail to grasp that he pays more tax in a year then they earn.