Not necessarily. Basic food is zero-rated for VAT, and if you qualify you can get council tax reduction. For example, I get a 25% council tax discount. If you're unemployed with no income, you may genuinely pay very little direct tax, it depends on circumstances.
article says broke for temporary, these people poor 10-20 years. that doesnt sounds like temporary. they get government or familiy support, and rarely work short term here and there.
> You need to cross a threshold of (income/purchasing power) to be able to start building things that matter. It's extremely difficult these days because the denominator there is almost zero.
I agree, but you should do both I think, increase your income and decrease your expenses.
I have poor friends, they spend more on Netflix, Gym, Starbucks, IPhones, steam games etc then me, and they are poor for atleast last 10-20 years. I almost never have any of these and I have given them that classic suggestions like the cancelling the gym membership that he/she rarely or never uses, and it doesnt work, they keep spending money on garbage with money they don't have.
Because of these "digital footprint checks" now nobody can truly say what they want online. Either you have to put on a fake persona or just go completely silent. It’s self-censorship in disguise. Dead Internet Theory confirmed.
I didnt read the article but how you do is, you should create new column without deleting the old one, and your code should be updated to use the new column, once you phase out the old version of the code, you backfill data from old column to new one, and delete the old column.
i'm not the person you replied but if wages lag furhter, how rents going up? it should go down since there is noone to be able to pay higher rents. they have no choice but either convince homeowner or downgrade. and Group A(rich + upper-middle) won't rent since they have enough wealth to buy a house, they may upgrade and cause inflation in luxury houses/goods.
Some people might argue that wealth concentrated in the top 1% is a net benefit if you look at it as one big pool of resources. But will the remaining 99% actually see any of that benefit? Or will the 1% simply tighten their grip, keeping the rest dependent on their “generosity”?
They do not need to service debt using taxable income, they can roll it over indefinitely or until death, at which point the tax obligation disappears due to the stepped-up basis (capital gains reset on death)
I think because they don't get any dividend to trigger income tax, instead they get a loan against their shares and spend that and roll over the debt to infinity.
Investors pouring money, its probably impossible to go out of business, at least for the big ones, until investors realise this is wrong hill to die on.
there are AI summary plugins that summarize youtube videos for you. instead of watching 1 hour video, you can get the summary in 15 seconds. this one I use but there are plenty of others as well https://chromewebstore.google.com/detail/youtube-summary-wit...
obviously It wont help from that moment you evicted but if you dont have emergency funds to cover your next 12 months, I would downsize on life style, even go vanlife to save up to secure short term feature atleast.