At what earnings point does someone become an 'asset'
Discussion
Wills2 said:
This thread reminds me of the phrase "knowing the price of everything and the value of nothing"
It's a good example of how rubbish we are at assigning values. Using Mums as an example, a working class woman who gets pregnant at 17 and is thereafter a stay at home mum is a huge drain on the economy in terms of tax revenue spent/recieved.But if you had to actually pay for the same services of said mum I doubt many could afford to have kids and the population would crash.
Then of course you have great mums and rubbish ones, both of which get paid the same Zero wage for their child rearing/ education/ councilling etc and can produce either a hero/ine or a total waste of space.
How do you put a level of financial contribution on that?
glazbagun said:
It's a good example of how rubbish we are at assigning values. Using Mums as an example, a working class woman who gets pregnant at 17 and is thereafter a stay at home mum is a huge drain on the economy in terms of tax revenue spent/recieved.
But if you had to actually pay for the same services of said mum I doubt many could afford to have kids and the population would crash.
Then of course you have great mums and rubbish ones, both of which get paid the same Zero wage for their child rearing/ education/ councilling etc and can produce either a hero/ine or a total waste of space.
How do you put a level of financial contribution on that?
By placing the word single or married before Mum could be a good place to start.But if you had to actually pay for the same services of said mum I doubt many could afford to have kids and the population would crash.
Then of course you have great mums and rubbish ones, both of which get paid the same Zero wage for their child rearing/ education/ councilling etc and can produce either a hero/ine or a total waste of space.
How do you put a level of financial contribution on that?
BlackLabel said:
No, you're coming to an incorrect conclusion using data that doesn't answer the OP's question. The above chart purely displays how incomes are taxed (or credited). On a household basis not individual.To answer the question you need to look at how the tax revenues are spent, who uses public services etc I suspect the higher the earnings the less likely one is to use public health and schooling etc.
I suspect the real figure for an individual is about £75k-£100k...based on a PAYE status.
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