"R. Mark Clayton" <***@gmail.com> wrote in message
On Sunday, 13 May 2018 12:32:29 UTC+1, Fredxx wrote:
> On 13/05/2018 12:03, R. Mark Clayton wrote:
> > The TUC has issued PR saying the average worker is £24 per week worse
> > off "in real terms" than ten years ago.
> A consequence of belonging to the EU and immigration from developing
> > Oddly enough the basic rate tax allowance has more or less double in
> > that time from ~£6k to ~£12, saving a full time worker on the minimum
> > wage (£5.63p/hr in 2008, £7.50p now) £24 a week in income tax, so
> > their net pay would increase by that amount.
> > So are workers really worse off then tens years ago - I don't think
> > so.
> Have you heard of inflation?
> have you hear or zero pay rises?
> You should get out more.
Even if the TUC figures are right, rather than exaggerated, the reduction in
Income Tax equals any real loss in wages.
> Perhaps it's a Remoaner thing to believe that wages should be at the
> statutory minimum wage level.
Nothing to do with Brexit, I simply used minimum wage level because no-one
should be getting paid less than that and that even someone on the minimum
wage would be paying £24 per week less tax than in 2008 - even if their real
gross wage had slipped by £24 per week as claimed by the TUC. In fact since
2008 the minimum wage increased by a third and inflation since then is less
than that, so for persons on the minimum wage the TUC assertion about their
real wages is false - they have not fallen.