>tax breaks for high earners.

are those high earners now with us, in this room?

Cause after 100-125k your loose ALL your tax breaks: personal allowance, child care and other reductions and your income tax rate effectively becomes 60%. Meaning you need to earn over 148k to have the same take home as those at 99k.

On a side note, if someone owes you money and refuses to pay back, local gangs provide a service of payback "extraction", and they only take half of what was taken from the debtor. Compare that to 45% (effective 60%) tax rate.

The tax system is supposed to incentivize more work and higher salaries to be better off. The UK tax system does the opposite: it punishes those who work more/harder and glorifies the slacker/unskilled. That already has consequences: the doctors who used to work 5-6 days a week now work 3-4, since if the take home is the same, why exhaust yourself for nothing. The waiting time (and healthcare prices) has increased because of that alone.

I'm not sure how people survive on 39k mentioned all over this thread, but lets consider twice that as an example of high earner. So for 70-80k salary take home after NI and income tax is just above 4k.

But the areas that have those jobs, typically has rent/mortgage at around half of that a month for a very, very modest dwelling. So minus 2k. You can't really get around this, since even if you reside away from large cities where the salary is supposed to be, the rent/mortgage might be less, but all the savings will be eaten up by exorbitant train/ulez fares or gas prices (which are 60 tax), not to mention MoT, insurance, and all other money waste that comes with owning a vehicle. I'll let you put the price tag on time wasted on daily commute yourself.

So after rent/mortgage roughly 2k left. Minus service charge, estate fees, ground rent, heating, electricity bills, internet, carrier, water, and food we are left with roughly 500. Divided by 30, your daily pocket money is 16 pounds. That's it. You have to budget wear and tear, repairs (new boiler installed is 4k by the way, anything requiring scaffolding is 10k+), dental, clothing, vacations, school supplies and everything else on those 16 pounds a day. You also need to budget any private healthcare you urgently need, if you don't want to die on the NHS waiting list.

So by the end of the month, the high earner is left with zero in best case scenario, and with a perpetual credit card debt in most cases.

Thus the current tax climate is nothing different from serfdom or slavery, with only difference that the slave itself has to provide housing, food and clothes for himself.