2022 mini-budget discussion

Status
Not open for further replies.
CapitalOne said:
At times like this it's important to look at the funny side occasionally. Hhaaaahahahahaahhahaaaa :D
Click to expand...

I always try to stay neutral about tax. I think what's been done isn't necessarily a bad choice, the main issue appears to be the lack of any credible plan/funding analysis to go along with the policy decisions made. But I am finding the whole situation pretty funny.
 
Chris Wilson said:
Someone clearly said they wanted to see investors rewarded less and workers rewarded more as an ideology to a fairer (but presumably a still profitable) economy. I am merely asking for a first world example of this in action.

Europe wide election results make it look as if the political ideology is shifting to the Right. Not the left.
Click to expand...

Yes and you keep taking things to the extreme to support your failing(spectacularly in the UK) ideology.
 
GordyR said:
I've not personally checked, but I wouldn't be surprised if most of the countries below fare better in terms of income inequality between the two groups you mention.


image0-1.jpg
Click to expand...


And what has UK income got to do with an example of a successful first world economy where risk taking investors are paid less and low skilled workers paid more than in Great Britain?
 
arknor said:
In other countries everyone benefits and get's better off together.
In the UK a few benefits of the backs of everything else like in the old days of slavery.

Obviously, the elites still think they lord it over everyone else.

Hopefully riots break out and we can take back control
Click to expand...
And the funniest thing is you have a car mechanic and someone who refuses to say what he does for a living but probably drives an Austin Princess (British is best right) think this is the way things shoud be.
 
thenewoc said:
I'm not saying we should actually compete on making everything that China does but it's an example of how wages make us uncompetitive. Look at it a different way, Rail workers demand more wages, these will be passed on to commuters, commuters then demand more salary. If your workforce is costing you more then you can't compete as effectively with the rest of the world.
Click to expand...

As proven with the minimum wage, payrises arent that inflationary unless you have some niche companies with a highly labour intensive product.

We are in construction. Wages are about 13% of our turnover. So if we give them all a generous 10% payrise , we would only have to increase our rates by 1.3%. Yet the increase in fuel/not being able to use red diesel has been a bigger factor in our increased charge out rates than wages has this year.

Yes payrises do contribute to the sellout price but compared with inflation its peanuts.

Plus you have all these companies making record profits and paying record dividends to shareholders who then claim they cant afford to give their staff more than say a 4% payrise when if you look at their financials you see that even if they gave them 10% payrise it would still be record profits for the company so how is that fair?
 
thenewoc said:
The unions may try to dress it up as something other than wage increases but there's always higher wage demands included and this damages the UK economy.

EDIT: Also, to be more complete in this answer we don't need unions to have a national minimum wage among other employment legislation that sets out various standards that have to be followed such as maternity leave, redundancy payments etc. It's not a case of no unions and no worker rights.
Click to expand...

I think you find that mot of the workers rights you take as a given are only there now because we had unions and certain parts of our current Govt are looking to remove these rights to make us more competitive.
 
chroniclard said:
Yes and you keep taking things to the extreme to support your failing(spectacularly in the UK) ideology.
Click to expand...
No extremism at all, what's extreme about asking for an example of a successful first world economy where the investors are paid less and low skilled workers paid more? It's patently obvious no one can offer such an example to me, and this Utopia is a pie in the sky dream of anti capitalists.
 
Last edited:
Chris Wilson said:
And what has UK income got to do with an example of a successful first world economy where risk taking investors are paid less and low skilled workers paid more than in Great Britain?
Click to expand...

Here, i'll re-quote myself for you:

GordyR said:
I've not personally checked, but I wouldn't be surprised if most of the countries below fare better in terms of income inequality between the two groups you mention.
Click to expand...

As I said, I haven't taken the time to look, but I suspect that any of the countries in that list are probably examples that would meet your request.

Feel free to check.
 
Last edited:
arknor said:
In other countries everyone benefits and get's better off together.
In the UK a few benefits of the backs of everything else like in the old days of slavery.

Obviously, the elites still think they lord it over everyone else.

Hopefully riots break out and we can take back control
Click to expand...

That's why they are called the elites.... ;) I see this is now a dream to change human nature itself. With GordyR now approving of riots to achieve his ideology. ;)
 
Last edited:
Status
Not open for further replies.
Back
Top Bottom