At what earnings point does someone become an 'asset'

[Greg_D]

With all this talk of migration in the EU debate, I Keep considering the never talked about notion of when someone becomes a net contributor to our country.

So I have a question:
At what earnings point does a family become a genuine contributor to the economy? you have to balance the amount of income taxes incurred as well as vat on a typical basket of consumer spending (as well as other typical taxable spending) against tax credits and other welfare bribery?

Let's look at a typical nuclear family of 2 adults working and 2 school age kids

My suspicion is somewhere around the £60k household income point before someone is genuinely not a drain on society

I suspect in light of this clarity it may put the immigration argument in a different light. Just how many car wash attendants do we REALLY need

[Greg_D]

lawless50 said:

I don't think 'society' is defined as the top 16% of the population by income.

Maybe not defined by, but paid for, yes....

thanks for the diagram, let's assume that it is somewhere near accurate. That puts quite a spin on the immigration argument, IMO.

So we have our emigrants leaving to retire to Spain, get a job in Europe etc and that is counteracted by immigrants coming to do 'largely' menial manual work. That doesn't seem a very fair swap to me as far as a skills and money drain. Compounded by the fact that however hard they work, they will still be a net drain.

It's an interesting angle

[Greg_D]

lawless50 said:

Greg_D said:

Compounded by the fact that however hard they work, they will still be a net drain.

Not according to the Office for Budget Responsibility. Were they mistaken? Which part of their reports and analysis have you found issue with?

Government stats from a department I've never heard of on immigration... With the governments recent unimpeachable evenhandedness regarding these issues, you will excuse me for not taking the time to read their reports in order to unpick their obvious bias...

[Greg_D]

sidicks said:

Seriously? You've never heard of the OBR? In this case I politely suggest that this particular sub-forum is not one for you!

There's nothing polite about that... No I've never heard of the obr, please demonstrate to me where it is widely reported on (outside of the guardian or their own website). I'm reasonably well read, keep up to date on current affairs, listen to talk radio stations as a preference etc. so I'm hardly some Luddite who never looks past the garden gate.

Don't you dare assume that because someone hasn't heard of every government quango that they are somehow not entitled to an opinion or allowed to doubt the civil servants' towing of the establishment line. You pompous arse

Edited by Greg_D on Friday 3rd June 23:32