The Rich get richer, much richer1

[Cyclone]

I suppose you can say it, but that doesn't make it true.

 

Do you just make stuff up and hope that no one will check. Fuel prices are higher than even the highest point in 2007.

 

http://www.racfoundation.org/data/uk-pump-prices-over-time

 

It's NEVER been 40p higher than it is now, the closest was in Apr 2012.

 

Are all your opinions just based on things you've made up?

 

---------- Post added 11-06-2016 at 10:38 ----------

 

Have a look here, scroll to figure 3, unfortunately the data stops at 2012, but you can see that the overall tax burden is increasing.

 

http://webarchive.nationalarchives.gov.uk/20160105160709/http://www.ons.gov.uk/ons/rel/household-income/the-effects-of-taxes-and-benefits-on-household-income/50-years-of-the-effects-of-taxes-and-benefits-analysis/sty-taxes-and-benefits-on-household-income.html

[Tomjames]

I suppose you can say it, but that doesn't make it true.

 

Do you just make stuff up and hope that no one will check. Fuel prices are higher than even the highest point in 2007.

 

http://www.racfoundation.org/data/uk-pump-prices-over-time

 

It's NEVER been 40p higher than it is now, the closest was in Apr 2012.

 

Are all your opinions just based on things you've made up?

 

---------- Post added 11-06-2016 at 10:38 ----------

 

Have a look here, scroll to figure 3, unfortunately the data stops at 2012, but you can see that the overall tax burden is increasing.

 

http://webarchive.nationalarchives.gov.uk/20160105160709/http://www.ons.gov.uk/ons/rel/household-income/the-effects-of-taxes-and-benefits-on-household-income/50-years-of-the-effects-of-taxes-and-benefits-analysis/sty-taxes-and-benefits-on-household-income.html

 

Fuel prices hit 1.40 a few years ago. It might have been 2008

[Cyclone]

Look at the graph, it was 2012.

And they are currently >110, so that's 30p difference.

 

It's also not part of the tax burden, it's just a fluctuation in the pricing of something.

Edited June 11, 2016 by Cyclone

[Tomjames]

Look at the graph, it was 2012.

And they are currently >110, so that's 30p difference.

 

It's also not part of the tax burden, it's just a fluctuation in the pricing of something.

 

What tax burden?

You just keep saying things with no proof of what you are saying.

This is all in your head.

[Cyclone]

Sure, apart from the links I posted which you haven't bothered to read.

 

It's you that's just making up dates and numbers, 2007, 40p, entirely made up.

 

Do you even understand what tax burden means?

[Tomjames]

Sure, apart from the links I posted which you haven't bothered to read.

 

It's you that's just making up dates and numbers, 2007, 40p, entirely made up.

 

Do you even understand what tax burden means?

 

I've proved we are earning more money, keeping more money & an essential cost like fuel is 40p per litre cheaper.

 

I ask for the final time, what tax burden, as I haven't noticed. Apart from a 4% rise in council tax.

[I1L2T3]

I've proved we are earning more money, keeping more money & an essential cost like fuel is 40p per litre cheaper.

 

I ask for the final time, what tax burden, as I haven't noticed. Apart from a 4% rise in council tax.

 

I don't think you've proved that at all. Until you consider real wage growth then cherry-picking individual discretionary items like fuel is meaningless.

 

Real wage growth has been negative for years. Almost a decade now.

 

In real terms on average we are much worse off than we were in 2008

 

http://www.economicshelp.org/blog/6994/economics/uk-wage-growth/

 

It's no accident that consumer debt has risen rapidly during that time and that we now have the greatest personal debt burden ever.

 

In crude terms the gap created by declining real wages has been plugged with consumer debt. That is what has helped people maintain their lifestyles and kept the economy growing in a few fits and spurts since 2008.

[Tomjames]

I don't think you've proved that at all. Until you consider real wage growth then cherry-picking individual discretionary items like fuel is meaningless.

 

Real wage growth has been negative for years. Almost a decade now.

 

In real terms on average we are much worse off than we were in 2008

 

http://www.economicshelp.org/blog/6994/economics/uk-wage-growth/

 

It's no accident that consumer debt has risen rapidly during that time and that we now have the greatest personal debt burden ever.

 

In crude terms the gap created by declining real wages has been plugged with consumer debt. That is what has helped people maintain their lifestyles and kept the economy growing in a few fits and spurts since 2008.

 

I'm glad you linked the two...as I've said earlier in the thread, "consumer debt" is what's keeping the middle class downwards poor.

 

---------- Post added 11-06-2016 at 12:37 ----------

 

I don't think you've proved that at all.

 

All fact checked.

[Cyclone]

I've proved we are earning more money, keeping more money & an essential cost like fuel is 40p per litre cheaper.

 

I ask for the final time, what tax burden, as I haven't noticed. Apart from a 4% rise in council tax.

 

Where's the proof on the fuel then. Just to pick the easiest one...

[Tomjames]

Where's the proof on the fuel then. Just to pick the easiest one...

 

You posted a link. Have you forgotten already?