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A comment on UK ‘barking up wrong tree’ trying to get over-50s back to work. Parent comment

Re:UK ‘barking up wrong tree’ trying to get over-50s back to... by michaelt on Monday February 20, 2023 @12:56PM (#34870694)
Liz Truss's vision of 'growth' meant cutting caps on bankers' bonuses, and an unfunded tax cut for people earning over £150,000.

That's not likely to get many extra people into the pub, because there aren't that many people earning >£150k.

[ Parent | on HN ]
Re:UK ‘barking up wrong tree’ trying to get over-50s back to... by ta1243 on Monday February 20, 2023 @03:40PM (#34872625)
Those that do earn over £150k a year don't have to worry aobut how much they spend eating sunday dinner at the local pub

Those earning 55k a year used to, now they can't afford it.

(Marginal tax at 55k for a parent with 2 kids and a student loan is 69%, for someone on 150k who's probably paid off their loan it's 47%)

[ Parent | on HN ]