this post was submitted on 10 Feb 2024
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Interesting Global News

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[–] [email protected] 0 points 9 months ago (1 children)

There's more to the story than the headline. Separation costs from his wife (a lawyer), plus child maintenance, plus burnout from lots of different roles. It's not just the mortgage payments.

If I understand high salary taxation correctly, there are no tax bands above £100K and you just pay 40% on the lot, which makes his take-home net £6K/month, of which a £2K mortgage is one third. I'm managing OK with my mortgage being one third of my net takehome. But I don't have an angry lawyer ex-wife and child maintenance to pay, or a stressful job.

Maybe mortgage increases were the last straw for him. But they are not the only reason for him quitting.

[–] [email protected] 0 points 9 months ago

Actually the 100-120k bracket is effectively a 60% tax band as you lose your tax free allowance, then 45% on incomes over 125k. Compared to other members of that government that mostly earn through investments taxed at 20% (capital gains tax) he is doing a lot worse.

[–] [email protected] 0 points 9 months ago (1 children)

Who the hell wrote this? Emphasis mine.

After leaving government, which he described as a “cruel mistress”, Freeman wrote in his blog that he now had the “greatest freedom of all – to speak and write and talk openly about what I’ve learnt”.

On top of his MP’s salary of £86,584, he is now also free to take on lucrative second jobs, subject to the approval of the anti-corruption watchdog, the Advisory Committee on Business Appointments.

So which is it?

  1. He hasn't left government, so he can still draw his salary. Another job would be a second job.

  2. He has left government, and inexplicably is still getting his salary despite being unemployed. Another job would be his first job.

  3. He has left government and isn't getting his salary. Another job would be his first job.

Which is it? I want to know exactly which lies I'm being told.

[–] [email protected] 0 points 9 months ago* (last edited 9 months ago)

He has left his post of Minister. He still is a Member of Parliament (MP). So now that he has less responsibilities, he can find another job to get more money, subject to approval.

I'm not sure why being MP of the ruling party isn't considered being part of the government. It might be a UK thing?

[–] [email protected] 0 points 9 months ago* (last edited 9 months ago) (1 children)

To the people pissed off, do you want him to just go into foreclosure? Pick up and move to keep the job?

[–] [email protected] 0 points 9 months ago

He should buy less avocado toast and fewer fancy iPhones, just like the advice given to people making literally a quarter of his income.

[–] [email protected] 0 points 9 months ago

I wonder how he thinks his constituents manage, and how easy it would be for them to just quit and find a job paying over £120,000..

Oh, who am I kidding, he's probably never thought about them beyond how they could get him elected in the first place..

[–] [email protected] 0 points 9 months ago (1 children)

Clearly someone needs to set up a go fund me for him. Not.

[–] [email protected] 0 points 9 months ago (2 children)
[–] [email protected] 0 points 9 months ago

Party on, Wayne.

[–] [email protected] 0 points 9 months ago

~~Wow, is it 1991 again?~~ Wow, it's 1991 again -- not!

FTFY. 😜

[–] [email protected] 0 points 9 months ago (3 children)

that divine call to proselytize ... until you cant afford it anymore. thats what jesus did

[–] [email protected] 0 points 9 months ago

I made the same mistake a few months ago. There was some emergency and a minister called for the closure of a whole region or somesuch and I had the same response. "What the fuck, Canadian pastors have way too much power. I thought it was bad in America."

[–] [email protected] 0 points 9 months ago (1 children)

Governmental Minister, not a religious one.

[–] [email protected] 0 points 9 months ago (1 children)

oh damn, i was way off! sorry!

[–] [email protected] 0 points 9 months ago

Meh, I assumed the same until I read the article lol, Science Minister too, so about as far from a religious one as you can get!

[–] [email protected] 0 points 9 months ago (1 children)

I mean you're right haha, but while I hate to be that guy, this is from Britain, where ministers are members of government, not the church.

[–] [email protected] 0 points 9 months ago

and he resigned months ago.

there was an ex, two kids, and their education being paid for out of that salary, too.

must be a slow news day or sumthin.