All the science/tech stuff they do tends to make me cringe. A hair from a nearly-extinct field mouse found in just one park? whatever. I guess that beats big "revelations" you can see coming a mile away.
So it's a stretch but as the team was designated Major Case Team i could see it working
Just like when you buy a house, knowing the house's sale history helps you avoid a big mistake.
But TV always veers off into personal drama, presumably to chase ratings, whether it's doctors or cops or anyone else.
This article serves two purposes. Puffing up currently wealthy people as only being that way from pure grit and determination. No inheritance here. If you're wealthy it's because you've worked hard for it because we've already established that inherited wealth is a losing proposition.
Secondly, it tries to establish that there is no generational wealth which reinforces the first premise that all wealth is due to hard work. It's a wonderful bit of circular reasoning. All wealth is gained through hard work, generational wealth might exist but it's fleeting, so the multigenerational wealth that you do see must be due to multigenerational exceptionalism.
Also based on my Uncles experience the family Bookkie business (Birmingham UK) did not last to the 3rd Gen - ok the transition to legalization wasn't handled well by generation 2.
The example shown on the site you quote has a 56.53% effective rate - don't forget you pay NI as well
As I said very poor I paid zero tax on my two share saves and my current EMI is at the 10% rate.
Update the 56.5% rate is after you put 20k into pension the actual rate is just under 70%
If you get RSU's in an American parent company your screwed its just income there's some calculations on the relevant redit r/UKPersonalFinance - basically its treated income and you also don't get the legal protections
This isn't true. RSUs are taxed as income at vest time, so if you're granted 100K in RSUs in 2020, and they vest in 2023, come 2023, if the stock has increased 25% to 125K, you'll be taxed on 125K of income. No capital gains involved anywhere.