Maximum Wage Law - Corbyn

Discussion in 'Off Topic' started by SWP's back, 10 Jan 2017.

  1. bluethrunthru

    bluethrunthru

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    I think the idea was to draw attention to what he sees as an issue - the idea that you just allow those at the top to get richer and richer and cream more and more off the top without questioning whether that is right is surely an equally bad idea in your eyes or is the way to solve it let them get richer and rely on the discredited "trickle down effect" that the Tories of the 80's relied on?
     
  2. bluethrunthru

    bluethrunthru

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    I'm happy as Larry mate. Not bitter just entering the debate. If you opened your mind to the prospect that you're not in the right 100% of the time there would be less of the venom I seem to sense in every punch of the keyboard that comes through in your posts - chill and stay calm blue.

    I assume from your posts that the only problem this country faces is the rich aren't rich enough? If they were paying more tax there would be no need for HMRC to keep having to close loopholes to stop tax avoidance. I don't think Corbyn's idea is a goer at all but it does shine a light onto an area that needs to be addressed - unfettered greed by people who see less and less reason to contribute to the society they live in and enjoy on the same pro-rata basis as those they employ do.
     
  3. Hart of the Matter

    Hart of the Matter

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    Does anyone really believe Corbyn is electable?? He may be a 'nice' man but he is a throw back to cliches from the past.. even when making some serious observations he manages to make everything sound 'old school' and out of touch. Jez ( I hate that!) cult of personality ( or lack of) is leading his merry band of fck whits out into the wilderness and leaving the rest of us stranded with Ther fkn easa fkn may!
     
  4. bluethrunthru

    bluethrunthru

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    Dear me - thats treason in these pages mate ha ha ha. I bet those countries are all higher than us up those "happiness" tables that are produced to show where's the best place to live? Also kind of blows a hole in the argument that all the bankers would fuck off to Switzerland if their incomes were capped.............if true they would be moving to a jurisdiction that did it anyway !
     
  5. peoffrey

    peoffrey

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    Penalising folk for being talented and successful is a terrible thing. They're rewarding mediocrity. I want to see people think big or use the famous / wealthy as inspirations. I know I do.

    If I begin to be penalised for doing very well then I'll pack my bags and piss off abroad. Many already have.
     
  6. bluethrunthru

    bluethrunthru

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    would that explain why so many US actors live here, so many Russian oligarchs live here and how many wealthy folk from the middle east live here? They come to be punished for being wealthy?
     
  7. SWP's back

    SWP's back

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    Phillip Green is a fuck end and doesn't pay the tax he should, on that I totally agree.
     
  8. urban genie

    urban genie

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    The thing is a joint study in 2014 by cambridge uni and Purdue uni over a period of several year foundcthose CEO's paid the highest actually were the worst performers.

    Anothe recent study by MSCI, which examined 800 CEOs at 429 large and midsize companies in the United States from 2006 to 2015 concluded that some of the highest-paid CEOs oversee some of the worst-performing companies and CEO pay doesn't reflect stock performance.

    On the other hand it has also been reported that CEOs on large bonus packages (which seem to be whay people normally moan about more) are the worst performers as pressure to achieve the bonus targets lead to rash ill-judged decission., while those on a fixed pay perform better.

    So maybe not always paying more for the most talented can help but as some studies show hinder their perfomance.

    And then you get cubts like green just ripping off the country and his workforce.
     
  9. kevin horlocks wand

    kevin horlocks wand

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    You have it all wrong. Paye takes care of any worries you have about tax avoidance. They don't have a choice it is taken by the company and handed over to hmrc. People used to say all these clever bankers getting bonuses and using tax avoidance schemes to not pay tax is bollox. It's taken immediately under paye.

    The people who avoid /manage their tax affairs to minimise it are actors , musicians footballers and the self employed. They have greater flexibility to manage their affairs. However it's a bit much to assume everyone is bent and fiddling tax at the top end. they are not. It is very difficult to avoid paying income tax on income it's automatic. The more likely tax planning to reduce rates is entrepreneurs relief on sale of companies to reduce capital gains tax , but that's lawful mate,

    The easiest thing in the world to increase tax revenue without pissing off the public would be to prosecute tax avoidance criminals. They would do it in a heart beat if they could but they are dealing with criminals so it's difficult like catching all criminals.

    As someone posted the top 1% quite rightly pay 27% of the uks total tax revenue. They can't all be bent.
     
  10. peoffrey

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    You haven't addressed my points in the slightest. They're here because there is no cap on earnings. If we have one then they'll leave. Try again!
     

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