Interesting, I guess that's why your public services are far more affordable/free than ours (healthcare).
You don't have to answer this question if you don't want to -- roughly what percentage of your monthly income is that £1000? I wouldn't mind paying less than $50 a month for Bernie's plans.
Why is the '1' so small...?dafuck I don't like
Yeah generally our tax system means we pay a lot more than yanks, but we get a lot out of it.
Generally income tax is 20% of what you earn between £12,500 - £38,000 (ish).
So let's say you make £25,000 a year, you would 20% of the money you earn between £12,500 - £25,000 which would equate to £2000 a year income tax.
We also pay national insurance which is basically an additional tax to pay towards the NHS which is the free healthcare we always talk about. I'm not really 100% certain how much it is, but I would hazard a guess it's around 10% of what you earn.
I generally make about £46,000 a year (pre-tax and with overtime) which means I pay roughly £1,000 a year. If I do less overtime I obviously pay tax.
On top of that I "have" to pay 14% of my pensionable income towards my pension.
What that means in lay men's terms is that my basic wage (without overtime and location allowances), my basic wage is actually around £33-34,000 a year. So that's an additional £4,760 a year apparently. So, yeah, I generally pay around £1300-1400 a month just in "taxes".
Which sounds a lot, but I get shot, stabbed, get cancer etc I can have full treatment, with physiotherapist, chemo etc (and I mean full treatment) without paying a single penny.
I would probably say the tax alone is 25% of my monthly income, so I would take home almost £4,000 a month without tax/NI