No, I think all earners. I was referencing here but have looked at the underlying data too before.

Absent inherited wealth, working age people across the board in the UK have been very hit hard since the financial crisis. Older gens fared much better.

www.starlingbank.com/blog/average...

I think you're confusing the top 10% with the top 1% and top 0.1%.

If you're earning in the region of £70k then you're in the top 10% of earners, which will include a much greater proportion of 40 to 50 year old, purely as a function of peak earnings. Many of those will have mega mortgages.

Elon Musk is a bit overlooked? I didn't realise that AI could get drunk.

Where is it being directed from then? Doesn't feel like Starmer?

A lot of it is stuff Cooper refused to do, which is why she was moved, but yeah the detailed policy work hasn't been done.

Is this how the political betting got started?

Streeting is already beginning to work that line: calling for Rayner's return, saying that he's sorry that he's offended trans people etc.

My pet theory is if they actually gave up on winning and Governed like they at 3.5 years to accomplish everything they ever can in politics that they'd actually be *more* likely to win the next election.

If I seem disappointed with this government it's not because I think the one before was way better. It wasn't at all good. It's because we need this one to be way better than that one. Because the next one could be way worse

Piss poor joke that @judithfreedman.bsky.social.

Thanks for responding. Significant but by no means game-changing then.

@stephenkb.bsky.social, has anyone modelled how much effectively removing salary sacrifice - i.e. allowing people to claim income tax back but not employer or employee NI - would yield?

An interesting point. Wouldn't GDP theoretically rise exponentially in that case until crashing completely when the last person died?

Core vote targeting innit?

Because of the way repayments are structured they grow disproportionately as your earnings increase. When you're on £30k to £40k repayments are £250 to £1200(ish) but when you get to £90k they'd be £5.5k(ish).

A lot when you're juggling big mortgages, childcare etc.

Another thought @robertwoolley.bsky.social is that this is another political bomb coming down the track. In ten years time, when the post 94s you mention are 40 and starting to reach peak earnings (& debt) many are likely to be paying very sig proportion of their disposable income on student loans.

Yeah, so an Orange Book/One Nation/YIMBY pitch that way could gain traction beyond current electoral coalitions? I'm not close to it, but got the vibe that that was what Pierre Poilievre was doing in the States before Trump trashed him (albeit with more reactionary elements).

Hmm maybe. I guess it depends on where the votes split between @benansell.bsky.social' 'whose younger, graduate, professional voters are now the ones paying much higher marginal rates.' and @georgeeaton.bsky.social's point about most of the tax coming from the top 10%...