£100k salary, feeling poor – is tax killing ambition?

<p>A listener paying 67% in tax asks if Labour are destroying UK productivity. </p><br /><p>From the new and improved New Statesman podcast studio, Anoosh and Rachel answer listener questions on tax, student loans and Nigel Farage MP's second (and third, and fourth) jobs.</p><br /><p><strong><u>In the mailbag this week:</u></strong></p><br /><p>A listener earning over £100,000 writes in to ask why the government is failing to address the "tax trap" that means high-earning parents are "penalised".</p><br /><p>Would the British public back student loan forgiveness?</p><br /><p>And why can Nigel Farage and other parliamentarians present TV shows, run consultancies, and earn money on the side of their MP job?</p><br /><p><strong>LISTEN AD-FREE:</strong></p><p>📱<a href="https://www.newstatesman.com/politics/2022/06/newapp" rel="noopener noreferrer" target="_blank">Download the New Statesman app</a></p><br /><p><strong>MORE FROM THE NEW STATESMAN:</strong></p><p>❓ <a href="https://www.newstatesman.com/podcasts/2022/10/you-ask-us" rel="noopener noreferrer" target="_blank">Ask a question</a> – we answer them every Friday</p><p>⏰ <a href="https://morningcall.substack.com/subscribe" rel="noopener noreferrer" target="_blank">Get our daily politics newsletter</a> every morning</p><p>✍️ <a href="http://saturdayread.substack.com/subscribe" rel="noopener noreferrer" target="_blank">Enjoy the best of our writing</a> via email every Saturday</p><hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>