Starmer’s future hangs in balance after Burnham’s Makerfield election win

Yeah, whats more, in London, £100k salary does not even make you "Comfortable", yet you are paying 45% at the upper end. No wonder the younger generation feel so hopeless. Thankfully in our culture we ensure Children have property passed on or at very least deposit for house is paid for, but now that is out of reach for many. Luckily also our children tend to go into law, medicine or whatever but even first 10 years there is no mega salary.

When my father arrived in this country he bought a house for £15,000 in London. His salary was £12,000. Compare that to an average starting salary in London of around £35k and average house price of around £500k.

So now on top of house prices, cost of living and insane tax, if you really want to look after your family you will have private education and private health. Basically a stealth tax for higher earners.

Only so much people can cope with this, am looking to retire to Italy or Spain.

People are out of touch bro on how 'prosperous' things are, especially in greater London. Anyway, just how much can you tax?
If you are going to do it then be like Norway who have done an amazing job with uplifting their people. Norwegian sovereign wealth fund is valued at approximately $2.2 trillion, their water, gas and electricity is state controlled and provided.
These idiots just want to tax.
 
Yeah, whats more, in London, £100k salary does not even make you "Comfortable", yet you are paying 45% at the upper end. No wonder the younger generation feel so hopeless. Thankfully in our culture we ensure Children have property passed on or at very least deposit for house is paid for, but now that is out of reach for many. Luckily also our children tend to go into law, medicine or whatever but even first 10 years there is no mega salary.

When my father arrived in this country he bought a house for £15,000 in London. His salary was £12,000. Compare that to an average starting salary in London of around £35k and average house price of around £500k.

So now on top of house prices, cost of living and insane tax, if you really want to look after your family you will have private education and private health. Basically a stealth tax for higher earners.

Only so much people can cope with this, am looking to retire to Italy or Spain.
Private education is BOTH a stealth tax AND a real tax since they put VAT on top of it! Then, it can also be argued that it is a THIRD hit of tax as we still pay the rest of our taxes to fund someone else's state school space that has been freed up by our child being in private school.
 
Yeah, whats more, in London, £100k salary does not even make you "Comfortable", yet you are paying 45% at the upper end. No wonder the younger generation feel so hopeless. Thankfully in our culture we ensure Children have property passed on or at very least deposit for house is paid for, but now that is out of reach for many. Luckily also our children tend to go into law, medicine or whatever but even first 10 years there is no mega salary.

When my father arrived in this country he bought a house for £15,000 in London. His salary was £12,000. Compare that to an average starting salary in London of around £35k and average house price of around £500k.

So now on top of house prices, cost of living and insane tax, if you really want to look after your family you will have private education and private health. Basically a stealth tax for higher earners.

Only so much people can cope with this, am looking to retire to Italy or Spain.

I am thinking of retiring to the villages in the UK, alot lot cheaper than the main cities, though the weather is not as nice as Italy or Spain.
 
Yeah, whats more, in London, £100k salary does not even make you "Comfortable", yet you are paying 45% at the upper end. No wonder the younger generation feel so hopeless. Thankfully in our culture we ensure Children have property passed on or at very least deposit for house is paid for, but now that is out of reach for many. Luckily also our children tend to go into law, medicine or whatever but even first 10 years there is no mega salary.

When my father arrived in this country he bought a house for £15,000 in London. His salary was £12,000. Compare that to an average starting salary in London of around £35k and average house price of around £500k.

So now on top of house prices, cost of living and insane tax, if you really want to look after your family you will have private education and private health. Basically a stealth tax for higher earners.

Only so much people can cope with this, am looking to retire to Italy or Spain.
This visa could help your retirement plans for Italy.

 

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