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  • Yeah, there’s no reason to think that the % of income spent is constant across the income distribution. Higher earners also more likely to have company cars? Not sure.

  • Yeah. But there are lots of Range Rovers about and they’ll not be £700 a month. Plus the £3000 a month McLarens and what not.

    Once you have loadsa cash you spend more on everything, because you have to so you feel better about doing a hateful job.

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