Top 10% of earners contribute 2/3 of income tax take

See this is the cold hard truth. People won't leave, they don't want to. And if they do, let them. They won't be missed.

You are missing the point in that we are fortunate to have a lot of MNCs here now, partially because our income tax rates are bearable for high earners.

Increase those rates and the high earners leave and the jobs go with them.

I agree we probably wont see a SF govt this term.

You're just making that up. The vast majority will not leave and if they do, they'll find it's not so easy out there in the real world.

What happens if you are from a low income family and you need to get a job to live rather than go to college? That's not equal opportunity, is it?

What happens if you grow up in a rural area, quite a distance from a college or university. And you can't afford to move out to study. That's not equal opportunity, is it?

I worked nights and weekends to support myself in college

I grew up in rural area as well

You have plenty of options for further studies when you leave school and also night course/online course etc now which I never had. Which rural areas these days don't have a college/Institute of some sort close to it?

Plenty of excuses is also available

…you seem short of facts there, or maybe working from the 'alternative facts' database….

…fact….

those lower on the socioeconomic scale have a far less chance of ever making it into higher income brackets…

…fact

…and likewise, those raised in more affluent areas and households, have a much higher chance of entering the workforce at much higher rates of income, and remaining so, for the remainder of their lives….

older generations gained greatly from the reductions in barriers in preventing further education, this is now starting to change, the most common barriers related to increases in fees, and overall costs of living, rent etc….

no excuses, just facts!

It’s not hard to sack someone if you follow the process and they don’t meet targets

“Talking the talk” that's the same as people claiming that they got a job because of their parents.
Not sure why you are talking about the persons race

The companies who had over employed during Covid have cleaned out now for a few years. If not firing moving out via redundancy etc

not facts, excuses

Afford to fail? How? What is this based on?

First of all we had accusations on this thread of people getting jobs based on nepotism, now we are saying that people who worked hard, no nepotism are pulling up the ladder behind them to block people

A lot of people with a lot of excuses is what this thread boils down to

As I said I’m not in a high earning job, never will, but that’s my choices and decisions and it’s got nothing to do with anyone else

I’m certainly not going on about imaginary ladders stopping me

You are entitled to have your own opinion formed by performing not a great paid job.

My experience is based on facts nothing else, nothing whimsical.

I am not talking about race, I mentioned the nationality to reflect this person is not Irish, so no nepotism involved.

Uni fees are 3,000 per annum.

So only nepostism happens if you are Irish? keep digging that hole

No your experience is not based on facts. It is based on your opinion

You can take a different route than Uni

Some of the highest paid people I know work in the trades. Not everything is about a Uni degree.

in terms of quitting jobs, really if you have a plan and a sh*t job gets you to that plan then who cares? I had a sh*t job to get myself through college….but I didn't care because it gave me the hours I wanted and I could work overtime etc.

People "who come from money" you will find are also doing the same thing, they work to get to the right position.

There is a lot to unpack in this thread and addressing much of it would take multiple posts but one thing I sense Is a strong sense of begrudgery from some towards successful people who are well paid and a feeling of entitlement basically to take lots of their money in taxes. It is quite frankly crazy to even suggest taking more money from those who already pay the most - how it can be seen as fair I just can’t fathom.

Rather than milking even more from those who already pay the most it would be far better tax policy to take even a small amount (or small amount more) from the very large percentage of people who pay little or no tax. It would be far fairer but also for more sustainable overall. The reducing of USC at low incomes that has been happening is very very poor tax policy for example.

I would also add that some seem very adamant that further increasing our already punitive taxes on high earners will not have negative impacts should look at the issues many business have in hiring currently alongside the many communities who have no GP. I would also point out that yes many may not actually leave but overtime punishing higher earners will have an impact with less willing to work here, more moving away etc which will lead (over time) to companies large and small concentrating on other markets or not setting up here in the first place.

Another thing I picked up on is those complaining about “accumulating” assets yet you will see lack rental properties highlighted else where as a big problem? Who is going to buy and rent property if it not for those willing to invest their money in it. I’m not sure many really think through their arguments at all when it comes to taxation on higher earners and the knock on impacts.