Where Is The Money Gone / Going Big Numbers
The highest earning 1% in the UK pay an estimated 28% of all income tax.
On average, 51% of families received a type of state support .
On average, all families were more likely to receive a non-income related benefit (48%) than an income-related benefit (16%) or a tax credit (6%)
Bank of England is evidently a tad unclear on the whereabouts of £50bn of banknotes, and it doesn’t seem to be overly concerned about it, a powerful group of MPs has said.
Public sector pay bill in 2021/22 was £233bn. Using the 10.1% average figure for the consumer price index forecast by the Office for Budget Responsibility, “the cost would be £23.5bn”.
The independent Full Fact site estimates that the cost of deliberate health tourism to the NHS is £300m a year.
UK citizens own more than £854bn in offshore wealth, ranking it fifth in Europe when measured as a percentage of lost GDP.29 Mar 2022 not just Tories
Covid virus-related rescue support to households, businesses and public services governments total cost £344 billion. which is staggering
quantitative easing (QE) programme by £450bn in 2020 and 2021, taking the total value of assets it owned to a peak of £895bn.
(ONS) state in 2020, more than 9.5 million people on the UK were born abroad that's 14.4% of the total UK population ..
3.5 million from European Union , 6 million from non-EU countries, , must be greater now in 2022 , god know how much this costs us in education , housing , health and benefit supports , in 2010 in was just over 4 million ..
The black market in Britain accounts for around 10% of GDP, or over £150bn a year, and results in billions of pounds of lost taxes according to a report from the Institute of Economic Affairs (IEA). buy a few ambulance's or better pay for nurses
Re: Where Is The Money Gone / Going Big Numbers
Quote:
Originally Posted by
life on mars
The highest earning 1% in the UK pay an estimated 28% of all income tax.
On average, 51% of families received a type of state support .
On average, all families were more likely to receive a non-income related benefit (48%) than an income-related benefit (16%) or a tax credit (6%)
Bank of England is evidently a tad unclear on the whereabouts of £50bn of banknotes, and it doesn’t seem to be overly concerned about it, a powerful group of MPs has said.
Public sector pay bill in 2021/22 was £233bn. Using the 10.1% average figure for the consumer price index forecast by the Office for Budget Responsibility, “the cost would be £23.5bn”.
The independent Full Fact site estimates that the cost of deliberate health tourism to the NHS is £300m a year.
UK citizens own more than £854bn in offshore wealth, ranking it fifth in Europe when measured as a percentage of lost GDP.29 Mar 2022 not just Tories
Covid virus-related rescue support to households, businesses and public services governments total cost £344 billion. which is staggering
quantitative easing (QE) programme by £450bn in 2020 and 2021, taking the total value of assets it owned to a peak of £895bn.
(ONS) state in 2020, more than 9.5 million people on the UK were born abroad that's 14.4% of the total UK population ..
3.5 million from European Union , 6 million from non-EU countries, , must be greater now in 2022 , god know how much this costs us in education , housing , health and benefit supports , in 2010 in was just over 4 million ..
The black market in Britain accounts for around 10% of GDP, or over £150bn a year, and results in billions of pounds of lost taxes according to a report from the Institute of Economic Affairs (IEA). buy a few ambulance's or better pay for nurses
Thank you for showing wages are so bad that quite a lot of people don't really contribute much tax wise.
Maybe if wages had followed productivity most people would be paying more.
I'll never get why some people defend the billionaire class despite seemingly everything getting worse while they get richer.
Re: Where Is The Money Gone / Going Big Numbers
Quote:
Originally Posted by
Doucas
Thank you for showing wages are so bad that quite a lot of people don't really contribute much tax wise.
Maybe if wages had followed productivity most people would be paying more.
I'll never get why some people defend the billionaire class despite seemingly everything getting worse while they get richer.
Wages have actually been rising faster than they have for most of the last quarter century.
The big issue for me I think is housing costs
https://tradingeconomics.com/united-kingdom/wages
Re: Where Is The Money Gone / Going Big Numbers
Quote:
Originally Posted by
life on mars
The independent Full Fact site estimates that the cost of deliberate health tourism to the NHS is £300m a year.
So 6 days worth of cash we sent to the EU? Should be no problem diverting those funds to the NHS. The bus decreed it.
Re: Where Is The Money Gone / Going Big Numbers
Quote:
Originally Posted by
JamesWales
But it doesn't mean anything if costs are increasing faster as you say for example housing.
Houses in the 70s were what, 3x the average wage? Now it's about 8x, maybe even higher.
Re: Where Is The Money Gone / Going Big Numbers
Quote:
Originally Posted by
Canton Kev
So 6 days worth of cash we sent to the EU? Should be no problem diverting those funds to the NHS. The bus decreed it.
As has been explained numerous times. The NHS budget increased by far more than £350m a week.
Re: Where Is The Money Gone / Going Big Numbers
From the original post: quantitative easing (QE) programme [rose] by £450bn in 2020 and 2021, taking the total value of assets it owned to a peak of £895bn.
The British state borrowed £895bn from itself between 2008 and 2022 and has yet to repay one pence of the principal nor a penny in interest on that sum.
That's the magic money tree, the same one Theresa May infamously claimed when PM didn't exist.
