Thread: Child Benefit Scrapped For Higher Rate Tax Payers From 2013
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Old 04-10-2010, 14:46   #44
Flyboy
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Re: Child Benefit Scrapped For Higher Rate Tax Payers From 2013
Quote:
Originally Posted by danielf View Post
It seems to me there are two issues here: One is whether high earners should receive CB. The second is whether there should be a difference between single and dual income families. I think the answer to both should be 'no'. Unfortunately the answer to the second question presently is 'yes'. It's still better than doing nothing at all though. This move will mostly affect high earners, as there will be dual income families amongst those affected as well.
So, those who have a joint income of eighty thousand pounds, should be treated more favourably to those who have an income of only forty-five thousand? To a family of four or five, forty-five thousand is not being rich. It is the net equivalent to two people earning twenty-one thousand pounds each. Something that an office administrator, teacher, nurse, call centre worker or shop manager would earn
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