A £70,000 salary defines you as rich?

[Peter]

Yes, it's deeply unfait that 1% of the population only pays 27% of income tax receipts. Surely these scavengers who do nothng better than work hard to create employment and wealth should carry every other lazy, feckless victim?

That 1% work hard to create wealth do they? The people that work for them may well do and it is hardly a badge of honour particularly if you are intent on keeping all of that created wealth for yourself.

Anyway, I hardly think 70 grand puts you in the top 1%. Lets stay on topic here.....

[Pat Vegas]

That 1% work hard to create wealth do they? The people that work for them may well do and it is hardly a badge of honour particularly if you are intent on keeping all of that created wealth for yourself.

Anyway, I hardly think 70 grand puts you in the top 1%. Lets stay on topic here.....

Just over 5% of tax payers in the UK earn over 70 grand.

[Peter]

Just over 5% of tax payers in the UK earn over 70 grand.

There you go. Its irrelevant to the discussion.

[Pat Vegas]

There you go. Its irrelevant to the discussion.

It's a bit flawed though. What if you have a couple where won earns 70k and the other doesn't work.

Or a couple who both earn under 70k but combined are over? are they rich?

[Peter]

It's a bit flawed though. What if you have a couple where won earns 70k and the other doesn't work.

Or a couple who both earn under 70k but combined are over? are they rich?

In neither circumstance are they rich. They still couldn't buy a **** house in an average area of London.

[Pat Vegas]

In neither circumstance are they rich. They still couldn't buy a **** house in an average area of London.

though a moderate lifestyle with that sort of income would allow potential for some decent saving.

[Peter]

though a moderate lifestyle with that sort of income would allow potential for some decent saving.

True, but that hardly sounds like riches does it.

[Ash]

In neither circumstance are they rich. They still couldn't buy a **** house in an average area of London.

Exactly. Really stoopid to call a 70k-incomer rich for this simple reason.