Also because just this year broadband companies raised the prices by inflation + several percents. I.e. my monthly bill increased by > 10 quid. And in the same time I'm in a contract (till the end of the year), so I can't even switch. It's not surprising that people cancel their contracts if they can.
One million cancel broadband as living costs rise
251–260 of 528 posts
Re: One million cancel broadband as living costs rise
#252Just yesterday I was trying to sign up with Verizon for my new address. Fiber is not available in my building, so they offer "5G Home Internet" for $60-$80/mo, which is crazy expensive for what it is. I asked whether there were ADSL lines available, since these were recently available for as cheap as $15/mo. It seems this is no longer the case. Maybe there's a market here? EDIT: I am in the US, and I've just realized…
ADSL is too slow for most modern internet usage.
Re: One million cancel broadband as living costs rise
#253Earlier quoted context omitted.
Five Guys has always been that price, but I agree with your point. As a Brit, the US is pretty crazy too though. I just saw a single broccoli for $7 at a grocery store in Palo Alto. On my $172k salary I pay $59k in taxes which is roughly $1k more than I'd pay in the UK but in the UK that includes national insurance while in the US I pay health insurance on top. So while taxes sound crazy in the UK it's not actually d…
broccoli in socal hovers around 1-2 dollars a pound. that's just an outlier
Re: One million cancel broadband as living costs rise
#254Earlier quoted context omitted.
In the US, someone earning $155,000 USD (Equivalent to 125k GBP) will also be paying 6.2% in social security taxes, 1.45% in medicare taxes, and then another 6.2% in social security taxes (employer's portion)[1], and 1.45% in medicare taxes (employer's portion). Added to the rest of their marginal tax rate, they'd be seeing a rate of 22 + 15.3 = 37.3%. Of course, they won't actually get health insurance for it, which…
> It does get you 11 carrier fleet strike groups, and 5,500 nuclear weapons, though. Which protect the blanket of freedom under which the UK sleeps.
Re: One million cancel broadband as living costs rise
#255Earlier quoted context omitted.
The top marginal rate of 45% in the UK starts at £125,140. Compare that to the US, where the top marginal rate of 37% starts at $578,125. - Edited to correct incorrect US top rate.
In the US, someone earning $155,000 USD (Equivalent to 125k GBP) will also be paying 6.2% in social security taxes, 1.45% in medicare taxes, and then another 6.2% in social security taxes (employer's portion)[1], and 1.45% in medicare taxes (employer's portion). Added to the rest of their marginal tax rate, they'd be seeing a rate of 22 + 15.3 = 37.3%. Of course, they won't actually get health insurance for it, which…
I don’t understand your point about the employer portion — it doesn’t come out of your paycheck, so if you wanted to include it in this calculation, you’d have to say your gross salary was higher.
Re: One million cancel broadband as living costs rise
#256Earlier quoted context omitted.
Five Guys has always been that price, but I agree with your point. As a Brit, the US is pretty crazy too though. I just saw a single broccoli for $7 at a grocery store in Palo Alto. On my $172k salary I pay $59k in taxes which is roughly $1k more than I'd pay in the UK but in the UK that includes national insurance while in the US I pay health insurance on top. So while taxes sound crazy in the UK it's not actually d…
If you're capable of earning $172,000 in salary in the US, you can trivially get an employer that covers essentially all the cost of your health insurance (if that's an important arrangement wherever you're at in life; ie if you want that packaged into your total compensation vs taxes calculation). That's the typical situation for someone with a salary that high in the US. Your scenario is pretending that people earn…
Re: One million cancel broadband as living costs rise
#257Re: One million cancel broadband as living costs rise
#258Earlier quoted context omitted.
And I've updated my post to point out the mountain of US post-tax healthcare spending, that in the UK, largely comes out of pre-tax pounds. At the end of the day, Americans still pay, and pay more . 26% in taxes, and then another ~11% in non-government-covered (non-Medicare/Medicaid) healthcare spending.
> At the end of the day, Americans still pay, and pay more They pay less in taxes, by a wide margin. They also get less for them, by a wide margin, particularly (but not exclusively) in healthcare.
I do, however, posit that when it comes to determining whether an economy/society/??? is healthy (which is the conversation in this sub-thread), we need to look at all of these 'costs of life/business'. So, yes, the sticker price on the UK looks rough, but add it all up... And it comes out to be pretty similar. As it turns out, providing similar forms of services costs... About the same, across the developed world.
Re: One million cancel broadband as living costs rise
#259Visiting family in the UK for the first time in about five years. Costs here are _way_ higher than I remember. I bought three hamburgers, three drinks, and two large pops at a burger shop here, the total was 48 GBP (about $60 USD). This was at Five Guys. I couldn't believe it. I visited my co-worker in the UK, and over some beers, he mentioned he's getting taxed at 48-50% on top of this. Also 20% VAT on regular shopp…
Re: One million cancel broadband as living costs rise
#260If you only ever use your phone then there's no point in paying for broadband. I think a lot of people have been taking a look at their subscriptions and cancelling things which they seldom use. Do you really need a sub for a 500mbit connection when you use you phone? You can always cancel it and switch to a much cheaper slower connection or just use you allowance. I had a Disney+ sub which I hardly used so I cancell…
I'm surprised more people aren't doing the opposite. There are pay as you go phone plans that cost hardly anything. Meanwhile there is free WiFi almost everywhere, including at home. If you have broadband. So pay the cable company for fast internet and pay half that or less for mobile service, then connect your mobile to WiFi 97% of the time so you hardly use any mobile data. The math gets even more dramatic if you h…
Unless you're one of those people who don't need internet to survive, then this is nonsense. Wifi is far from everywhere and I'm not going to manually connect to wifi just to check if my date is running late. Is this the 90s?