The UK Is a Tax Hell With First-World Prices and Third-World Outcomes 🇬🇧
You've probably already heard that the UK is projected to lose a record ~16,500 millionaires in 2025, the biggest outflow on earth. Why? Taxes.
😐 That’s the rich fleeing, understandably. I wouldn't want to lose my wealth either if I lived there with millions in net worth.
But what about ordinary people? Maybe they’re doing fine? I did some math, let’s see 👇
🟢Median London worker has a median annual salary of: £47,500
🟢Take-home pay after taxes: £3,125/mo
🔴Rent (£1,550), council tax, utilities, internet/phone: £1,935
🔴Groceries, household stuff, streaming/digital: £285
🔴Transportation, clothing, electronics, misc, socialising: £440
⏺Total monthly expenses: £2,660
⏺Leftover: £465
This is without buying a new iPhone, no holidays, almost no savings, no car, no emergencies. Starting a family and owning a home is… practically a luxury fantasy 🤬
Also, if that wasn't enought, saving money in this environment is nearly impossible: thanks to fiat system, the UK’s purchasing power has collapsed by 41% in the last 20 years 📉
In a system like this, the only paths to wealth are building a highly successful business, exploiting their socialist welfare system and doing some fraud, or breaking the rules completely 💰
#UK #INDIA #UAE #USJobsData #BTCVSGOLD $BTC
