The Student Room Group

£100000 is only £65000 after taxes

Scroll to see replies

Original post by Aceadria
Until people stop expecting the state to run their lives for them, taxation will never go down. This is the one big issue I have with many on the Left.


Which areas does the state run our lives that it shouldn't?
The irony is that as a free market libertarian, you too believe that the state should run out lives, just in different ways.

Posted from TSR Mobile
(edited 7 years ago)
Bam! Socialism for you. Worst part is the super rich don't get taxed much more... So it's only the high earning professionals that suffer from this
(edited 7 years ago)
Original post by marcobruni98
Bam! Socialism for you


Low taxes are great! Until of course you or one of your family needs incredibly expensive, life saving medical treatment which means you'll either die or have to sell your house and take out a huge loan to fund it, potentially bankrupting you.

And low taxes are great until you need to send one of your family into care at a cost of £700 a week.


The short sightedness of some people is astonishing.

Posted from TSR Mobile
Original post by Aceadria
It's interesting how you deduced such a statement from my post. Please elaborate, with evidence.


Haha, looks like I was bang on the money :smile:
Original post by Bornblue
Which areas does the state run our lives that it shouldn't?


Healthcare, for example.

Original post by Bornblue
The irony is that as a free market libertarian, you too believe that the state should run out lives, just in different ways.


There is no dislike for government; instead, its role should be minimised and where the individual is responsible for his or her own choices.
Original post by scrotgrot
Haha, looks like I was bang on the money :smile:


Giving up so soon? Shame.
Original post by Bornblue
Low taxes are great! Until of course you or one of your family needs incredibly expensive, life saving medical treatment which means you'll either die or have to sell your house and take out a huge loan to fund it, potentially bankrupting you.

And low taxes are great until you need to send one of your family into care at a cost of £700 a week.


The short sightedness of some people is astonishing.

Posted from TSR Mobile


He's 18, he thinks he's invincible. Real world is something that only happens to other people - and what kind of loser cares about them, right?
Original post by Bornblue
Low taxes are great! Until of course you or one of your family needs incredibly expensive, life saving medical treatment which means you'll either die or have to sell your house and take out a huge loan to fund it, potentially bankrupting you.


This is precisely why insurance exists.

Original post by Bornblue
And low taxes are great until you need to send one of your family into care at a cost of £700 a week.


Previous statement.
Original post by Bornblue
Low taxes are great! Until of course you or one of your family needs incredibly expensive, life saving medical treatment which means you'll either die or have to sell your house and take out a huge loan to fund it, potentially bankrupting you.

And low taxes are great until you need to send one of your family into care at a cost of £700 a week.


The short sightedness of some people is astonishing.

Posted from TSR Mobile


Or I could just way the £700 with my £100000 a year... God forbid anyway
Original post by Aceadria
This is precisely why insurance exists.



Previous statement.


And if you can't afford insurance? Do we just let you die?


Posted from TSR Mobile
Original post by Aceadria
Healthcare, for example.



There is no dislike for government; instead, its role should be minimised and where the individual is responsible for his or her own choices.


Why is an individual responsible for their own choices in health but not defense? What does 'responsible for their own choices' even mean?
Posted from TSR Mobile
Original post by Bornblue
And if you can't afford insurance? Do we just let you die?


If the insurance industry is left open to competition, premiums prices will fall to a level people can afford.
Original post by Bornblue
Why is an individual responsible for their own choices in health but not defense?


Are you referring to defense of the realm or self-defense?

Original post by Bornblue
What does 'responsible for their own choices' even mean?


What it says.
Original post by marcobruni98
Or I could just way the £700 with my £100000 a year... God forbid anyway


And pay £350000 a year just on that? How about if you need a life saving operation, say treatment costing hundreds of thousands, what do you do then? What about the roads and schools, who pays for them? How about the police, government and the courts, who pays for them?

So you seem to want all these things but not to have to pay for them.

Posted from TSR Mobile
Original post by Aceadria
This is precisely why insurance exists.



Previous statement.


The NHS is a massive state run health insurer.
I'd love to see how these rich city suits cope without the people who clean our streets and their offices. Without the people who build their homes and office buildings. Without the people who sell them their food and make their morning coffee. Without the people who drive their buses and trains. Without the people who sell them their clothes. Without the people who maintain our roads and our street lights.

There are many 'little people' who are needed to keep rich people's lives running. Our cities and towns wouldn't function without them. No-one is self-made. No-one earns money without living in a society that helps them. They work as hard (often harder) as you. They are necessarily. You do not make money without them. Your job isn't more important. And if they can't afford to live in your cities, they will leave and no-one will do those jobs and your lives will fall apart.
Original post by _Sinnie_
Also remember, the baby boomer generation are a disgrace when it comes to any kind of future planning. They took, took and took and gave no thought to the future. Modeling your expectations on them is a sure fire way to causing the next financial crisis.


How true.

Mother****ers.
Original post by Aceadria
Are you referring to defense of the realm or self-defense?



What it says.


Defense.
Well it doesn't say a great deal. Please expand why we are responsible for our own health but not say our policing? Why should the latter not be privatised?

Posted from TSR Mobile
Original post by Aceadria
If the insurance industry is left open to competition, premiums prices will fall to a level people can afford.


That myth again? The same out that was spread when various public services were privatized, which only resulted in costs increasing so that private companies could make a large enough profit?

https://corporatewatch.org/news/2014/dec/08/energy-rail-and-water-privatisation-costs-uk-households-%C2%A3250-year


To satisfy investor expectations, the bills and fares charged by the privatised companies continually outstrip inflation. Between 2007 and 2013, household gas and electricity bills rose in real terms by 41% and 20% respectively. In real terms, water bills have increased by 50% since privatisation, while rail fares are 23% higher than they were in 1995.


The model you are suggesting didn't work out for America, so why are so so eager to force it on the UK?
(edited 7 years ago)
Original post by Aceadria
If the insurance industry is left open to competition, premiums prices will fall to a level people can afford.


Yet in America 40 million people could not afford health insurance.
You're simply wrong here and you are putting ideology ahead of evidence.

Posted from TSR Mobile

Quick Reply

Latest

Trending

Trending