This ONS report is so misleading, it’s embarrassing.
Now – there is no denial that the poor got the short end of the stick.
But, ONS seems to be confusing wealth with income and in their assessment they don’t take into account the actual rich who earn money outside of the scope of PAYE and pay very little tax. For instance Sunak only paid 23% on his declared £1.9m income.
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>The richest fifth of people’s average household income before taxes and benefits (£117,500) was 14 times larger than the poorest fifth (£8,200); however, this gap reduced to 4 times larger (£83,900 and £22,300, respectively) after taxes and benefits.
For £117,500, the net wage is actually £73,703 and £6,142 a month. You can’t have a rich lifestyle for this kind of money, especially if you live in larger city like London.
It’s also interesting how they frame people making less money as a good thing in terms of narrowing the “wealth” gap.
Clowns.
The ten poorest states in the US are all Republican strongholds, according to a chart I saw last week. Don’t assume that just because a party fucks over the poorest, the poorest won’t become their strongest advocates—I sincerely hope it won’t play out the same way here. It’s twisted, I know.
Perfect. The poorest have been voting Tory lately (and voted brexit) so they have been getting what they voted for….I’m happy for them 🙂
3 comments
This ONS report is so misleading, it’s embarrassing.
Now – there is no denial that the poor got the short end of the stick.
But, ONS seems to be confusing wealth with income and in their assessment they don’t take into account the actual rich who earn money outside of the scope of PAYE and pay very little tax. For instance Sunak only paid 23% on his declared £1.9m income.
​
>The richest fifth of people’s average household income before taxes and benefits (£117,500) was 14 times larger than the poorest fifth (£8,200); however, this gap reduced to 4 times larger (£83,900 and £22,300, respectively) after taxes and benefits.
For £117,500, the net wage is actually £73,703 and £6,142 a month. You can’t have a rich lifestyle for this kind of money, especially if you live in larger city like London.
It’s also interesting how they frame people making less money as a good thing in terms of narrowing the “wealth” gap.
Clowns.
The ten poorest states in the US are all Republican strongholds, according to a chart I saw last week. Don’t assume that just because a party fucks over the poorest, the poorest won’t become their strongest advocates—I sincerely hope it won’t play out the same way here. It’s twisted, I know.
Perfect. The poorest have been voting Tory lately (and voted brexit) so they have been getting what they voted for….I’m happy for them 🙂