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| Originally Posted by stewbie All comes back to tax in the end.
I was a wee bit annoyed at the furore over the 10p income tax cut. For the first time in living memory the middle income earners would be slightly better off (although most of the gain was taken up with the increase in national insurance).
What happens? People complain that those on lower incomes lose out, and there is a re-think?
I've lost out on every bloody budget I can remember as a middle income earner with no kids. For once I bloody win, and people complain!!
Bloody hate bloody taxes! |
I don't think the objection is to middle income earners winning. It is the middle (and higher) income earners winning at the expense of the low paid.
A person on national minimum wage is on a salary of about £11k, assuming a 37 hour week. Diddly squat, really. Take an extra 12% off that by removing the lowest tax band and for many, it becomes less than a 'living wage'. Personally, i think if they were going to diddle with the taxes, they should introduce a higher band for the big earners who get their money by screwing the low earners.