Sam
1.5K posts


@anon_opin Get two people to define “fair” without colluding, then we can talk
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@Empty_America Standard of living and quality of life are different. Your standard of living and quality of life don’t necessarily reduce in lockstep
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I had a weird realization about saving money.
Say you start saving 10K a year, you immediately reduce your quality of life by that amount.
After 15 years of reduced QoL, you have 200K, which yields you 10K annually in interest.
But even if you start spending your 10K in annual interest, you aren't in the "black" in QoL terms until year 30, since the first 15 years of interest just makes up for the quality of life you lost in the 15 years of saving.
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@TheEscapeART1ST 50% here in Scotland including NI. 47% from £75k upwards, 67% between £100k and 125k.
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@PaulRiver1A @MikeTho04795078 @LeoKearse Also. It’s “more cash” that matters when you need to pay for things, like public services.
Do you want people to be taxed on loans as income? Would certainly kill off home ownership and business expansion, I suppose. Or is that the point?
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@SammyChong1985 @MikeTho04795078 @LeoKearse Of course it adds up to more cash but the rates are less for people who only pay CGT or take loans against shares, loans aren’t taxed.
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@PaulRiver1A @MikeTho04795078 @LeoKearse Apologies. You said “higher” not “top”. Point still stands. Did you mean “rich people” in a vague and nebulous way? As in, “these are some things I have heard about that rich people do, and this doesn’t seem fair to me”
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@PaulRiver1A @MikeTho04795078 @LeoKearse Cool. You are totally right there. Top marks. Totally irrelevant though isn’t it? You were talking about “top earners”. Earned income. Can’t do any of that with earned income can you? Have another go or no reply?
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Sam retweetledi

Sunak: 50,000 illegals later, he can’t stop the boats
Starmer will not stop the boats
Only @reformparty_uk will stop the boats
Leave ECHR, pick up & take back
Nigel Farage MP@Nigel_Farage
This morning we witnessed the 50,000th migrant crossing under @RishiSunak’s premiership. He can’t stop the boats.
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@PaulRiver1A @MikeTho04795078 @LeoKearse They pay the most. Top 1% pay 28% of all income tax (old data), top 10% pay 60%(recent data). If you earn 4x average earnings you pay 10x the tax (ish). Seems a lot, doesn’t it? How much do you think is “fair”?
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Sam retweetledi

@westyjase @MikeTho04795078 @LeoKearse I get the impression that you think I am incorrect. I doubt you think I am joking or that it is funny. I will leave you to discover this inalienable fact in your free time.
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Sam retweetledi

@LabourIsDead @MikeTho04795078 @LeoKearse It makes you a millionaire in the sense that your pension is worth more than a million?
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@LabourIsDead @MikeTho04795078 @LeoKearse Thanks for confirming I am right. Try and get a index linked guaranteed £40k a year forever, without risk, in the private sector. They will ask you for more than £1million. It’s this kind of financial illiteracy that you can get away with in the public sector because others pay.
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@westyjase @MikeTho04795078 @LeoKearse Didn’t say “are paid,” said “cost £100K”. Many civil servants are made millionaires at taxpayer expense
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@MikeTho04795078 @LeoKearse How many civil servants are paid £100,000?
instituteforgovernment.org.uk/explainer/civi…
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