2 ms·
Fair enough, I wasn't aware it gets even worse, but the current level of tax at 80k£ already feels extremely unfair when it's barely enough to rent in Central L
by Nextgrid 5y ago
Fair enough, I wasn't aware it gets even worse, but the current level of tax at 80k£ already feels extremely unfair when it's barely enough to rent in Central London.
- arethuza 5y agoLondon is one of the most expensive cities in the world - plenty of much cheaper (and to me much nicer) cities in the UK.
- iso1631 5y ago£2,000 a month after rent and commuting costs (if you live in Central London you presumably walk or bike to work) is hardly "barely enough", as a single person. £80k is $108k. You get a net (before student loan deductions) of £55,092.76, you keep 69%. As a single person on $108k, you'd pay $31,779 in San Franciso in Federal, FICA and State tax, you keep 71% Whether the extra $1847 a year of taxes is "extremely unfair" is anyones guess, but at least you won't go bankrupt from medical costs.