The tone deaf privilege is insane...

I'm here telling you I don't have £1M and I don't feel poor. You're telling me it's not possible to manage on £1M.

I'm saying 1 mill WHEN YOU'RE POOR runs out quick. I've also been talking about families, not a singular person getting 1 mill. Poor people tend to have significant debt which is why they stay poor. That's another place the money goes.

Quantify "significant debt". How much do you reckon a typical poor person owes?

Figuring that out is near impossible. A common thing that happens is they use their kids social to apply for new new credit cards. Some maliciously, some because there's no other option. So compiling average debt below the poverty line won't work if it goes based on company reporting.

"Poor people are in significant debt" "How much?" "I don't know"

So, browsing a few news stories, average household debt is approaching £20k. Let's go wild and say a family with a real debt problem owes £200k. £1M clears their debt, and leaves enough change to buy two houses outright.

You're still operating as if it's one person when I've been mentioning families. It's not just getting out of debt, it's also child care, and ensuring their lives. A person WILL still have to work. Also, this started as whether inheritance should be taxed. You've yet to say it should.

Also I wasn't replying due to family shit. I'm back for now.

Even bumping that up to say £500k for all debts (to include a hefty mortgage) leaving £500k, lop off 20% for unspecified unadjusted taxes on the whole sum and you still have £300k which is a really solid springboard for the future that I imagine most normal people would rip your arm off for.

I've decided the guy's probably trolling, but I can't... let... go...

You reckon? 😂

We've all been there.

I'm telling you £1M won't pass through my accounts in 20 years of living. And I'm pretty comfortable by British standards.

Yeah I can tell. Being poor is more expensive than middle class. You are speaking from a place of privilege when saying what the money could do FOR YOU. You're not thinking about someone below the poverty line getting that money because you lack that experience outright.