Why don't most of the top 10% of earners in the UK feel rich?
because the top 1% are so much richer than them.
If you earn over £59,200 you are in the top 10% of earners (full disclosure; as a uni Prof I retired on a salary of around £75,000).
But the top 1% enjoy a salary of £183,000 or more... so many in the top 10% are actually nearer the median national salary than the richest 1%....
This has significant #political consequences, set out here by Anoosh Chakelain
https://www.theguardian.com/commentisfree/2024/jan/24/britain-richest-10-per-cent-wealthy-inequality-labour-private-schools
Emeritus Prof Christopher May /
npub1hr…f2ktj
2024-01-24 18:42:46
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2024-01-24 18:42:46Event JSON
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