Trade union and socialist coalition party
Discussion
TwigtheWonderkid said:
If anyone read the link to the Chelsea FC website, you would have seen this para:
‘We believe the move to the Living Wage underlines our commitment to ensuring that all our employees receive a fair rate of pay for their hard work and dedication. Quite simply it is the right thing to do.’
That sums it up for me. It's the same argument as I would use to argue against importing goods produced by child labour. Or in dangerous factories on the sub continent that fall down and kill hundreds. Yes, it may push up prices. Yes, it may prove to be slightly inflationary. But...it's the right thing to do.
I take it you don't have any Apple products then ‘We believe the move to the Living Wage underlines our commitment to ensuring that all our employees receive a fair rate of pay for their hard work and dedication. Quite simply it is the right thing to do.’
That sums it up for me. It's the same argument as I would use to argue against importing goods produced by child labour. Or in dangerous factories on the sub continent that fall down and kill hundreds. Yes, it may push up prices. Yes, it may prove to be slightly inflationary. But...it's the right thing to do.
BTW.Chelsea FC are hardly a good example.Money is no object to them.What about a club in the conference ?
V8covin said:
TwigtheWonderkid said:
If anyone read the link to the Chelsea FC website, you would have seen this para:
‘We believe the move to the Living Wage underlines our commitment to ensuring that all our employees receive a fair rate of pay for their hard work and dedication. Quite simply it is the right thing to do.’
That sums it up for me. It's the same argument as I would use to argue against importing goods produced by child labour. Or in dangerous factories on the sub continent that fall down and kill hundreds. Yes, it may push up prices. Yes, it may prove to be slightly inflationary. But...it's the right thing to do.
I take it you don't have any Apple products then ‘We believe the move to the Living Wage underlines our commitment to ensuring that all our employees receive a fair rate of pay for their hard work and dedication. Quite simply it is the right thing to do.’
That sums it up for me. It's the same argument as I would use to argue against importing goods produced by child labour. Or in dangerous factories on the sub continent that fall down and kill hundreds. Yes, it may push up prices. Yes, it may prove to be slightly inflationary. But...it's the right thing to do.
BTW.Chelsea FC are hardly a good example.Money is no object to them.What about a club in the conference ?
iphonedyou said:
fblm said:
Some prices, of some goods and services, would have to rise once some unprofitable companies had their taxpayer wage subsidy removed. Trying to equate a x% increase in NMW with an x% increase in prices is ridiculous.
Corporation tax - 39bn
Working tax credits - 23bn
Watching a bunch of 'capitalists' getting themselves all tied up defending corporate subsidies - priceless
For clarity, that was Twig's argument (reference his hotel example.)Corporation tax - 39bn
Working tax credits - 23bn
Watching a bunch of 'capitalists' getting themselves all tied up defending corporate subsidies - priceless
TwigtheWonderkid said:
You seem to live in a world where everyone is obsessed about maintaining differentials. It's just not the case.
So, I work for Chelsea and I'm on £6.50/hour. Then Chelsea announce that they are adopting Living Wage which for London is £9.15. Happy days. Then the govt announce an increase in NMW to the Living wage. So my mates on the turnstiles or sweeping up at Spurs and Arsenal are now also on £9.15/hour.
So if you are on £2.65 more than the minimum wage, what happens to your spending power when that differential is removed? To my way of looking at it, your spending power has decreased, or you have taken a paycut by another name...So, I work for Chelsea and I'm on £6.50/hour. Then Chelsea announce that they are adopting Living Wage which for London is £9.15. Happy days. Then the govt announce an increase in NMW to the Living wage. So my mates on the turnstiles or sweeping up at Spurs and Arsenal are now also on £9.15/hour.
fblm said:
sidicks said:
If the minimum wage isn't enough to live on, why do we tax the minimum wage...
Tax them a grand and give them back four grand in WTC? Keeps a few public sector chumps in jobs is suppose.It's not that often I agree with fblm...
Tax credits subsidise poverty pay and company profits.
No-one has mentioned productivity...That's what helps pay for increased wages (alongside that suggestion of a CT cut? btw I think Labour has promised a business rates cut to firms paying the Living Wage). GDP may be slightly up (those pesky immigrants, coming over here, increasing our GDP..), but GDP/head is still down.
For years, employers have relied on cheap labour to make profits, and haven't had the incentive to innovate or invest capital to increase productivity. That sounds to me like a direct parallel with the decline of our manufacturing sector as our protected markets disappeared.
In regard to paying taxes, I think people should participate in society, and one way they do that is to pay tax. Ok they will all be paying VAT & other taxes, but I think it is good for everyone to feel some sense of holding government, local and national, to account for the way they spend the money they collect from all of us, and seeing deductions on your payslip is a much more direct link I feel.
Tax credits subsidise poverty pay and company profits.
No-one has mentioned productivity...That's what helps pay for increased wages (alongside that suggestion of a CT cut? btw I think Labour has promised a business rates cut to firms paying the Living Wage). GDP may be slightly up (those pesky immigrants, coming over here, increasing our GDP..), but GDP/head is still down.
For years, employers have relied on cheap labour to make profits, and haven't had the incentive to innovate or invest capital to increase productivity. That sounds to me like a direct parallel with the decline of our manufacturing sector as our protected markets disappeared.
In regard to paying taxes, I think people should participate in society, and one way they do that is to pay tax. Ok they will all be paying VAT & other taxes, but I think it is good for everyone to feel some sense of holding government, local and national, to account for the way they spend the money they collect from all of us, and seeing deductions on your payslip is a much more direct link I feel.
mph1977 said:
fblm said:
sidicks said:
If the minimum wage isn't enough to live on, why do we tax the minimum wage...
Tax them a grand and give them back four grand in WTC? Keeps a few public sector chumps in jobs is suppose.TwigtheWonderkid said:
iphonedyou said:
fblm said:
Some prices, of some goods and services, would have to rise once some unprofitable companies had their taxpayer wage subsidy removed. Trying to equate a x% increase in NMW with an x% increase in prices is ridiculous.
Corporation tax - 39bn
Working tax credits - 23bn
Watching a bunch of 'capitalists' getting themselves all tied up defending corporate subsidies - priceless
For clarity, that was Twig's argument (reference his hotel example.)Corporation tax - 39bn
Working tax credits - 23bn
Watching a bunch of 'capitalists' getting themselves all tied up defending corporate subsidies - priceless
I am guessing that you are one of those Labour supporters who want an increase in the top rate of tax even if it would create less tax receipts on "moral grounds"?
TwigtheWonderkid said:
sidicks said:
If the minimum wage isn't enough to live on, why do we tax the minimum wage...
Now that is a very good question. Min wage £6.50/hour. 37.5hr standard working week pays £12675/year. And on £2K of that you'd pay tax and on £4K of it you'd pay NI. Seems ludicrous and a low salary like that.In addition if you have children and qualify for working tax credits you end up potentially receiving money from the state, you might be working but are actually a negative contributor, I know many people who actually don't want to be paid too much so they remain in this category when they have children:
https://www.gov.uk/tax-credits-calculator
Do the maths, we are all doomed.
Edited by BGARK on Monday 20th April 22:20
loafer123 said:
TwigtheWonderkid said:
iphonedyou said:
fblm said:
Some prices, of some goods and services, would have to rise once some unprofitable companies had their taxpayer wage subsidy removed. Trying to equate a x% increase in NMW with an x% increase in prices is ridiculous.
Corporation tax - 39bn
Working tax credits - 23bn
Watching a bunch of 'capitalists' getting themselves all tied up defending corporate subsidies - priceless
For clarity, that was Twig's argument (reference his hotel example.)Corporation tax - 39bn
Working tax credits - 23bn
Watching a bunch of 'capitalists' getting themselves all tied up defending corporate subsidies - priceless
I am guessing that you are one of those Labour supporters who want an increase in the top rate of tax even if it would create less tax receipts on "moral grounds"?
sidicks said:
V8covin said:
I take it you don't have any Apple products then
BTW.Chelsea FC are hardly a good example.Money is no object to them.What about a club in the conference ?
Or any business where margins are low and the bulk of the workforce are unskilled workers.BTW.Chelsea FC are hardly a good example.Money is no object to them.What about a club in the conference ?
Digga said:
sidicks said:
V8covin said:
I take it you don't have any Apple products then
BTW.Chelsea FC are hardly a good example.Money is no object to them.What about a club in the conference ?
Or any business where margins are low and the bulk of the workforce are unskilled workers.BTW.Chelsea FC are hardly a good example.Money is no object to them.What about a club in the conference ?
Du1point8 said:
Im guessing farmers will suffer too as they hire pickers and now the produce will go up in price if they have to pay people £10 an hour to pick potatoes, peas, etc.
Although I am a rampant capitalist, what would that really add to UK food costs, given the amount that is important and the amount that is mechanised in the UK? What % of the shelf price is from minimum cost workers?Vaud said:
Du1point8 said:
Im guessing farmers will suffer too as they hire pickers and now the produce will go up in price if they have to pay people £10 an hour to pick potatoes, peas, etc.
Although I am a rampant capitalist, what would that really add to UK food costs, given the amount that is important and the amount that is mechanised in the UK? What % of the shelf price is from minimum cost workers?ianrb said:
Would depend on the crop. Raspberries, for example, are very labour intensive to pick and pack, so they would almost certainly go up in price, but potatoes have a very mechanised pick and pack process, so would not I suspect be subject to much change.
So the best solution for business owners is actually to invest in automation and technology to replace low skilled workers?BGARK said:
ianrb said:
Would depend on the crop. Raspberries, for example, are very labour intensive to pick and pack, so they would almost certainly go up in price, but potatoes have a very mechanised pick and pack process, so would not I suspect be subject to much change.
So the best solution for business owners is actually to invest in automation and technology to replace low skilled workers?http://www.oxbocorp.com/Products/Berries/Raspberry...
or the farmer goes out of business/has to rely on pick your own fruit selling instead which might not bring in enough money to pay for the money spent growing the crop.
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