7 ms·
In theory if you saved the difference in taxes...but then we don't generally save, but consume. max 2500 pounds. Say for 6 months? A Year? That's 15k to 30k. T
by onetimemanytime 7y ago
In theory if you saved the difference in taxes...but then we don't generally save, but consume.
max 2500 pounds. Say for 6 months? A Year? That's 15k to 30k. This is not enough to justify "45%" taxes for life...
- advisedwang 7y agoIt's not about breaking even financially. It's about knowing you're never going to end up homeless or starving when your luck turns bad.
- deepbreath 7y agoThere are plenty of homeless people in London.
- globular-toast 7y agoBeing homeless in Britain is essentially a choice. It might be surprising to you but people do actually make that choice.
- mattkrause 7y agoIt's not just consumption. You (or I) would need to save for worst-case scenarios and get very few economies of scale: you can't have 0.001 of an epidemiologist on retainer. The government can at least pool risk (and everything) over the entire country.