3 ms·
> two-person income households up-bidding, making it less affordable for single people/mums/dads It should also be noted that two-person incomes are much more
by globular-toast 2y ago
> two-person income households up-bidding, making it less affordable for single people/mums/dads
It should also be noted that two-person incomes are much more tax efficient than single because the tax bands are per-person rather than per-couple. So two people each on median pay (37k) would take home 60k between them. A single earner would have to be on almost 90k to take home the same amount, which would make them a top 5% earner.
- philipallstar 2y agoYes, it's inbelievably harder to do things as a single person or a single-earner family than it used to be. There's just no hope for the majority of earners. No hope at all.