The 2009 Budget

**XMachina** · 24th April 2009 2:50pm

Originally Posted by TSR

These people will have morgages and bills too, y'know. Could well be living on a thin budget, especially if their businesses (assuming business owners here) are running into trouble. Less income and more tax at the same time? Ouch.

In all honesty, do you think that when you're earning >£12,500/month and paying 50% instead of 40% on the difference between their earnings and the £12,500 is going to be the difference between making and not making the cost of living?

Just to give an idea at how high they've set the bar here before it kicks in, Kirk Broadfoot of Rangers FC will barely qualify if at all.

**Rosco** · 24th April 2009 4:30pm

Is Kirk a sign of major wealthiness?

I'm £67.23 better off, hurrah!

**Mwezzi** · 24th April 2009 5:37pm

Originally Posted by Wreakin_Havok

I'm all for the richer end of society being taxed a little bit more than the lower end but 50 fucking percent is robbery.

It won't stick around. It's money that everyone needs, and as soon as the mess we're in is fixed up then these people will go back to normal tax rates.
It's not a pleasant thing to face but £150k is more than what a lot of people earn and many manage to get by fairly well on far less.