Register now to unlock a matched free bet from Ladbrokes for up to £50 (18+, T&Cís apply)

Page 1 of 2 12 LastLast
Results 1 to 40 of 55

Thread: A corbyn government would impose a limit to what you can earn

  1. #1

    A corbyn government would impose a limit to what you can earn

    This myth that the rich do not pay their "fair share" will always win some votes, but this sort of punishment of financial success will never win in the modern world, I don't think.

    We are allowed to earn what ever father jeremy tells us we can....

    When you think he is building momentum he throws a spanner in the works and you realise why electing him would be a huge risk.

    --------------------------------------------------------------

    https://www.theguardian.com/politics...-politics-live

    This is what Jeremy Corbyn said about a law putting a cap on earnings. John Humphrys asked if he would like to limit how much fat cats can earn. Corbyn replied.

    I would like there to be some kind of high earnings cap, quite honestly.

    When asked at what level the cap should be set, he replied:

    I can’t put a figure on it and I don’t want to at the moment ...

    The point I’m trying to make is that we have the worst levels of income disparity of most of the OECD countries in this country. It is getting worse. And corporate taxation is a part of it. If we want to live in a more egalitarian society, and fund our public services, we cannot go on creating worse levels of inequality.

    Then Humphrys asked him if he was really talking about a law to limit income. At first Corbyn appeared to row back a little bit.

    I think let’s look at it ... I’ve got a view on it ... I’m not wedded to a figure on it.

    But, when pressed again, Corbyn, was unequivocal.

    I would like to see a maximum earnings limit, quite honestly, because I think that would be a fairer thing to do. Because we cannot set ourselves up as being a grossly unequal, bargain basement economy on the shores of Europe. We have to be something that is more egalitarian, gives real opportunities to everybody and properly funds our public services. Look at the crisis in the NHS as an example.
    Last edited by LordKenwyne; 10-01-17 at 08:52.

  2. #2

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    This myth that the rich do not pay their "fair share" will always win some votes, but this sort of punishment of financial success will never win in the modern world, I don't think.

    We are allowed to earn what ever father jeremy tells us we can....

    When you think he is building momentum he throws a spanner in the works and you realise why electing him would be a huge risk.

    --------------------------------------------------------------

    https://www.theguardian.com/politics...-politics-live

    This is what Jeremy Corbyn said about a law putting a cap on earnings. John Humphrys asked if he would like to limit how much fat cats can earn. Corbyn replied.

    I would like there to be some kind of high earnings cap, quite honestly.

    When asked at what level the cap should be set, he replied:

    I can’t put a figure on it and I don’t want to at the moment ...

    The point I’m trying to make is that we have the worst levels of income disparity of most of the OECD countries in this country. It is getting worse. And corporate taxation is a part of it. If we want to live in a more egalitarian society, and fund our public services, we cannot go on creating worse levels of inequality.

    Then Humphrys asked him if he was really talking about a law to limit income. At first Corbyn appeared to row back a little bit.

    I think let’s look at it ... I’ve got a view on it ... I’m not wedded to a figure on it.

    But, when pressed again, Corbyn, was unequivocal.

    I would like to see a maximum earnings limit, quite honestly, because I think that would be a fairer thing to do. Because we cannot set ourselves up as being a grossly unequal, bargain basement economy on the shores of Europe. We have to be something that is more egalitarian, gives real opportunities to everybody and properly funds our public services. Look at the crisis in the NHS as an example.
    I'm always saying that people should not try to pass off their own opinions as facts, but it's very tempting to say that what you call a myth is actually a fact.

  3. #3

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by the other bob wilson View Post
    I'm always saying that people should not try to pass off their own opinions as facts, but it's very tempting to say that what you call a myth is actually a fact.
    Where do I claim it is fact.

    Name me a rich person then tell me how much tax they pay.

    Bear in mind normal people class anyone earning over 50k as rich.

  4. #4

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    Where do I claim it is fact.

    Name me a rich person then tell me how much tax they pay.

    Bear in mind normal people class anyone earning over 50k as rich.
    I'm a normal person and I don't class anyone earning over 50k as rich.

  5. #5

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by Eric Cartman View Post
    I'm a normal person and I don't class anyone earning over 50k as rich.
    That may have been an exaggeration.

    When business owners get ripped into and they employ. Paying far more tax than their employees will ever know.

  6. #6

    Re: A corbyn government would impose a limit to what you can earn

    Anyone else remember the Labour Govt back in the 1970's, the top rate of income tax rose to 83 per cent and reached 98 per cent when an investment income surcharge was included. Corbyn should have said that you can earn as much as you want - and Labour will tax as much as they want.

    Corbyn is an idealist - full of grandiose Utopian plans - which never actually work. Im no fan of the likes of Phillip Green either.

    The whole EU plan seems to be based on the foundation of cheap labour and companies / the super rich have made great capital out of it - whilst the stereotypical working class man - has seen their wages kept down (the minimum wage was the worst of all ideas - a glass ceiling that means every employer uses that as an excuse to keep all wages down.

    Just my 2p worth - but Corbyn is on a hiding to nothing - someone who has rebelled all his political life now expets loyalty

  7. #7

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by ninianclark View Post
    The whole EU plan seems to be based on the foundation of cheap labour and companies / the super rich have made great capital out of it - whilst the stereotypical working class man - has seen their wages kept down (the minimum wage was the worst of all ideas - a glass ceiling that means every employer uses that as an excuse to keep all wages down.
    The EU is run by the IMF according to Yanis Varoufakis, who attended meetings of the all powerful yet informal Eurogroup.

  8. #8

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by ninianclark View Post
    Anyone else remember the Labour Govt back in the 1970's, the top rate of income tax rose to 83 per cent and reached 98 per cent when an investment income surcharge was included. Corbyn should have said that you can earn as much as you want - and Labour will tax as much as they want.

    Corbyn is an idealist - full of grandiose Utopian plans - which never actually work. Im no fan of the likes of Phillip Green either.

    The whole EU plan seems to be based on the foundation of cheap labour and companies / the super rich have made great capital out of it - whilst the stereotypical working class man - has seen their wages kept down (the minimum wage was the worst of all ideas - a glass ceiling that means every employer uses that as an excuse to keep all wages down.

    Just my 2p worth - but Corbyn is on a hiding to nothing - someone who has rebelled all his political life now expets loyalty
    You're wrong about the EU, they do plenty to maintain living standards and ways of life for ordinary citizens.
    The political classes in this country are FAR more likely to sell us out to the highest bidder.

    Look at things like the common agricultural policy, that was designed to allow traditional farming methods and small scale farms to survive.
    The UK is the home of the industrialised mega farms with UN skilled dirt cheap labour and cheap tasteless produce.
    In France you get nice locally produced produce.

  9. #9

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by Rjk View Post
    You're wrong about the EU, they do plenty to maintain living standards and ways of life for ordinary citizens.
    The political classes in this country are FAR more likely to sell us out to the highest bidder.

    Look at things like the common agricultural policy, that was designed to allow traditional farming methods and small scale farms to survive.
    The UK is the home of the industrialised mega farms with UN skilled dirt cheap labour and cheap tasteless produce.
    In France you get nice locally produced produce.
    The common agricultural policy is by far the biggest liability to the EU budget and it is widely criticised.

    http://www.newstatesman.com/blogs/po...ions-subsidies

    Only EU officials and land owners like it:

    A freedom of information request by the NS to the Department for Environment, Food and Rural Affairs found that claimants last year included the Duke of Westminster (net worth: £7.4bn), who was paid £748,716 for his ownership of Grosvenor Farms, the Duke of Buccleuch (£180m), who received £260,273, the Duke of Devonshire (£700m), who received £251,729, and the Duke of Atholl, who was paid £231,188 for his 145,000 acre Blair Castle Estate.

    Farcical.

    People have this idea that the EU is totally left wing. It is anything but.

    The EU aids eastern European countries. Corruption reduction etc. It is overstated how much the EU helps us with everyday life.

    The EU are all for TTIP, are they not?. So this idea that they protect small suppliers and producers is not the case and it never has been.
    Last edited by LordKenwyne; 10-01-17 at 12:28.

  10. #10

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    The common agricultural policy is by far the biggest liability to the EU budget and it is widely criticised.

    http://www.newstatesman.com/blogs/po...ions-subsidies

    Only EU officials and land owners like it:

    A freedom of information request by the NS to the Department for Environment, Food and Rural Affairs found that claimants last year included the Duke of Westminster (net worth: £7.4bn), who was paid £748,716 for his ownership of Grosvenor Farms, the Duke of Buccleuch (£180m), who received £260,273, the Duke of Devonshire (£700m), who received £251,729, and the Duke of Atholl, who was paid £231,188 for his 145,000 acre Blair Castle Estate.

    Farcical.

    People have this idea that the EU is totally left wing. It is anything but.

    The EU aids eastern European countries. Corruption reduction etc. It is overstated how much the EU helps us with everyday life.

    The EU are all for TTIP, are they not?. So this idea that they protect small suppliers and producers is not the case and it never has been.
    There is the reality and the illusion, that's how it works. Say one thing and do another.

  11. #11

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by Rjk View Post
    You're wrong about the EU, they do plenty to maintain living standards and ways of life for ordinary citizens.
    The political classes in this country are FAR more likely to sell us out to the highest bidder.

    Look at things like the common agricultural policy, that was designed to allow traditional farming methods and small scale farms to survive.
    The UK is the home of the industrialised mega farms with UN skilled dirt cheap labour and cheap tasteless produce.
    In France you get nice locally produced produce.
    Are you really putting forward the Common Agricultural Policy (CAP) as a great EU success story ? (maybe for French farmers perhaps it was )

  12. #12

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    Where do I claim it is fact.

    Name me a rich person then tell me how much tax they pay.

    Bear in mind normal people class anyone earning over 50k as rich.
    I said that, in my.opinion, it's a fact that the rich do not pay their "fair share", not a myth.

  13. #13

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by the other bob wilson View Post
    I said that, in my.opinion, it's a fact that the rich do not pay their "fair share", not a myth.
    What is that "opinion" based on?.

    The "fact" that they pay more than you or me?.

    When would you be happy with the amount they pay?.

    Just age old hatred of the financially successful.

    Instead of asking why they are financially successful - they employ people like you or me. Or they work in jobs that pay well..

    It goes beyond just what they pay in tax. Employment of others is much more of a contribution to society than you or I will ever make.
    Last edited by LordKenwyne; 10-01-17 at 13:12.

  14. #14

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    What is that "opinion" based on?.

    The "fact" that they pay more than you or me?.

    When would you be happy with the amount they pay?.

    Just age old hatred of the financially successful.

    Instead of asking why they are financially successful - they employ people like you or me. Or they work in jobs that pay well..

    It goes beyond just what they pay in tax. Employment of others is much more of a contribution to society than you or I will ever make.
    Blimey.

    Can you teach me how to bow properly?

  15. #15

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by Eric Cartman View Post
    Blimey.

    Can you teach me how to bow properly?
    You don't think he's one of the one per cent do you?

  16. #16

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by Eric Cartman View Post
    Blimey.

    Can you teach me how to bow properly?
    The generalisations annoy me.

    Some will never be happy as long as there are winners in society.

    People hate far more than the 1%.
    Last edited by LordKenwyne; 10-01-17 at 13:58.

  17. #17

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by the other bob wilson View Post
    You don't think he's one of the one per cent do you?
    I am not rich at all but I am unsure how you can claim all rich people don't contribute what they should, with no examples. You don't know what people pay.

    Try paying a years corporation tax

    You haven't answered my questions.

  18. #18

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    The generalisations annoy me.

    Some will never be happy as long as there are winners in society.

    People hate far more than the 1%.
    I don't think people begrudge the genuine winners, perhaps they have a dislike for those who take advantage of a rigged system?

  19. #19

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    I am not rich at all but I am unsure how you can claim all rich people don't contribute what they should, with no examples. You don't know what people pay.

    Try paying a years corporation tax

    You haven't answered my questions.
    I'm not going to either, why should I?

    Why so touchy and defensive about someone saying that they don't think the rich pay their "fair share" (a view I'm fairly sure I'm not alone in holding) if you are "not rich at all"? That's all I've said in this thread, the rich don't pay their fair share, I've not said I hate them and as I live in a completely different world to them (like Eric Cartman, I don't class people who have £50k as being rich) and always will do, it's a bit pointless me envying them, so I don't get why you're so worked up about things.

    Let's make it clear as well that I'm not supporting Corbyn in his wish for a maximum wage - it's unworkable and one of the reasons for that is that those rich people you are such a fan of would employ even more people to discover loopholes in the legislation which would enable them to ignore it.

    Feedback is right, Corbyn has spent his political life going his own sweet way no matter what the policy of his party - now it appears, he's causing yet more embarrassment for Labour by making up policy on the hoof, thereby proving yet again that he is incapable of leading a modern political party with, fast disappearing, hopes of being in Government in the future.

  20. #20
    International Mrs Steve R's Avatar
    Join Date
    Feb 2007
    Location
    Barry
    Posts
    26,396
    Blog Entries
    1

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    This myth that the rich do not pay their "fair share" will always win some votes, but this sort of punishment of financial success will never win in the modern world, I don't think.
    Constant stories of the rich and large corporations not paying their fair share is just another dialectic, they are selling you the idea of a global system where they can make it all fair again, yipee
    'It's easier to fool people than to convince them that they have been fooled'

  21. #21

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    I am not rich at all but I am unsure how you can claim all rich people don't contribute what they should, with no examples. You don't know what people pay.

    Try paying a years corporation tax

    You haven't answered my questions.
    I'm not going to either, why should I?

    Why so touchy and defensive about someone saying that they don't think the rich pay their "fair share" (a view I'm fairly sure I'm not alone in holding) if you are "not rich at all"? That's all I've said in this thread, the rich don't pay their fair share, I've not said I hate them and as I live in a completely different world to them (like Eric Cartman, I don't class people who have £50k as being rich) and always will do, it's a bit pointless me envying them, so I don't get why you're so worked up about things.

    Let's make it clear as well that I'm not supporting Corbyn in his wish for a maximum wage - it's unworkable and one of the reasons for that is that those rich people you are such a fan of would employ even more people to discover loopholes in the legislation which would enable them to ignore it.

    Feedback is right, Corbyn has spent his political life going his own sweet way no matter what the policy of his party - now it appears, he's causing yet more embarrassment for Labour by making up policy on the hoof, thereby and proving yet again that he is incapable of leading a modern political party with, fast disappearing, hopes of being in Government in the future.

  22. #22

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by the other bob wilson View Post
    I'm not going to either, why should I?

    Why so touchy and defensive about someone saying that they don't think the rich pay their "fair share" (a view I'm fairly sure I'm not alone in holding) if you are "not rich at all"? That's all I've said in this thread, the rich don't pay their fair share, I've not said I hate them and as I live in a completely different world to them (like Eric Cartman, I don't class people who have £50k as being rich) and always will do, it's a bit pointless me envying them, so I don't get why you're so worked up about things.

    Let's make it clear as well that I'm not supporting Corbyn in his wish for a maximum wage - it's unworkable and one of the reasons for that is that those rich people you are such a fan of would employ even more people to discover loopholes in the legislation which would enable them to ignore it.

    Feedback is right, Corbyn has spent his political life going his own sweet way no matter what the policy of his party - now it appears, he's causing yet more embarrassment for Labour by making up policy on the hoof, thereby and proving yet again that he is incapable of leading a modern political party with, fast disappearing, hopes of being in Government in the future.
    I'm not being touchy. If my comments suggest I really care then I haven't explained well, as I don't.

    Define a "rich person" for me, then we'll see who pays what in tax.

    It is just so vague, the argument that rich people and business owners don't pay their fair share. They are heavily taxed.

    Well off people generalise about poor welfare claimants. The workers claim employers are greedy scumbags. etc, etc. Yet ask any of them to go into the details of their claims then they'll do a runner. As they have no information other than stereotypes.

    Most rich people and business owners contribute huge sums to our economy. I'm not sure where you draw a line with punishing financial success.

  23. #23

    Re: A corbyn government would impose a limit to what you can earn

    Maximum wage is an absolutely ridiculous suggestion. All that would happen is that payments would be made under the table and even less tax would be received.

  24. #24

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    The generalisations annoy me.

    Some will never be happy as long as there are winners in society.

    People hate far more than the 1%.
    You are the one making most of the generalisations and assumptions. Income inequality is racing and all methods to fix it so far have failed. The average renumeration of a ftse100 CEO rises near 10% a year, why? Is that good for society or the economy? Corbyns idea won't fix it but from my point of view this isn't about hating rich people, it is about what is good for the country and 100 people taking all the wealth (sewn up tightly in Panama) is not it.

    We went though a period of talking A LOT about Europeans taking money out of the economy...That same scrutiny doesn't appear to be applied to the wealthiest.

  25. #25

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by Eric Cartman View Post
    You are the one making most of the generalisations and assumptions. Income inequality is racing and all methods to fix it so far have failed. The average renumeration of a ftse100 CEO rises near 10% a year, why? Is that good for society or the economy? Corbyns idea won't fix it but from my point of view this isn't about hating rich people, it is about what is good for the country and 100 people taking all the wealth (sewn up tightly in Panama) is not it.

    We went though a period of talking A LOT about Europeans taking money out of the economy...That same scrutiny doesn't appear to be applied to the wealthiest.
    Not really, peoples contribution to society is case by case.

    You are talking about CEO's as if I defend them. When have I said I wish the 1% were taxed less?.

    I am defending small/medium size businesses and other people who are deemed "rich", when really they are not.

    How can you comment when you have 0 idea how much these people pay in tax?.

    The 1% is 1%, an extreme minority. Peoples complaints about who pays what goes far beyond the 1%.

    "Oh you drive a range rover, afraid you don't contribute enough to society...."

  26. #26

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by Eric Cartman View Post
    You are the one making most of the generalisations and assumptions. Income inequality is racing and all methods to fix it so far have failed. The average renumeration of a ftse100 CEO rises near 10% a year, why? Is that good for society or the economy? Corbyns idea won't fix it but from my point of view this isn't about hating rich people, it is about what is good for the country and 100 people taking all the wealth (sewn up tightly in Panama) is not it.

    We went though a period of talking A LOT about Europeans taking money out of the economy...That same scrutiny doesn't appear to be applied to the wealthiest.

    Do you know when wage inequality first appeared and why ?

    Well according to Radio 4 this lunchtime - it came from when Bill Clinton put a limit of 1million dollars on earned income. So what happened was that all the CEOs in the USA started getting performance related pay instead - which got around the law. So based on share price, and hitting easy targets - their wages sky rocketed - all thanks to a well meaning act by a known philanderer.

    I think Corbyn's idea would go the same way.

  27. #27

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    Not really, peoples contribution to society is case by case.

    You are talking about CEO's as if I defend them. When have I said I wish the 1% were taxed less?.

    I am defending small/medium size businesses and other people who are deemed "rich", when really they are not.

    How can you comment when you have 0 idea how much these people pay in tax?.

    The 1% is 1%, an extreme minority. Peoples complaints about who pays what goes far beyond the 1%.

    "Oh you drive a range rover, afraid you don't contribute enough to society...."
    You do this in every thread - I didn't say any of the things you are linking me to.

  28. #28

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by Eric Cartman View Post
    You are the one making most of the generalisations and assumptions. Income inequality is racing and all methods to fix it so far have failed. The average renumeration of a ftse100 CEO rises near 10% a year, why? Is that good for society or the economy? Corbyns idea won't fix it but from my point of view this isn't about hating rich people, it is about what is good for the country and 100 people taking all the wealth (sewn up tightly in Panama) is not it.

    We went though a period of talking A LOT about Europeans taking money out of the economy...That same scrutiny doesn't appear to be applied to the wealthiest.
    Strange I do this "in every thread", as I am simply responding to a question you asked. What do I do anyway?.

    And I haven't linked you to anything at all have I? You assumed I am totally against taxing the rich, as you brought up the 1%, CEO's etc. Then I explained my position, that is all.

    https://www.ft.com/content/394b82da-...b-e7eb37a6aa8e
    Last edited by LordKenwyne; 10-01-17 at 20:39.

  29. #29

    Re: A corbyn government would impose a limit to what you can earn

    While the idea of limiting how much people can earn is incredibly unlikely to ever come into real life - even the likes of Myleene Klass and Sol Campbell were given a voice to attack Ed Milliband's economic principles - there may be some merit to the idea.

    Our public services are underfunded, this government has made it worse and has tried to push some of the most vulnerable onto charitable services instead. At the same time there are many people who earn more money than they know what to do with and some who use this to have undue influence in the political landscape and/or evade paying their due tax. The problem gets worse.

    I watched a repeat of "Louis Theroux Goes Gambling" recently where one well off lady said she lost 4 million dollars in 7 years. This is absolutely her choice but the idea that she can somewhat happily lose that amount when there will be people within a 15 minute walk of her house struggling for food is tragic.

    The problem of such wide income disparity and the impact this has on society is not easy to resolve but it should be taken seriously. At least more seriously than those defending the chance to inherit non-dom status.

  30. #30

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    Strange I do this "in every thread", as I am simply responding to a question you asked. What do I do anyway?.

    And I haven't linked you to anything at all have I? You assumed I am totally against taxing the rich, as you brought up the 1%, CEO's etc. Then I explained my position, that is all.

    https://www.ft.com/content/394b82da-...b-e7eb37a6aa8e
    You are paranoid, the bit on bold doesn't imply you are in favour or against it at all. It wasn't directed at you, more a general question.

    Unlike...

    I am defending small/medium size businesses and other people who are deemed "rich", when really they are not.

    How can you comment when you have 0 idea how much these people pay in tax?.
    On small/medium businesses owners? I never did comment on them.

    You assumed TOBW was a rich hater simply because he said the rich don't pay the tax they are supposed to. My immediate guess is that he is referring to people whose money does more air miles than Justin Bieber and suspiciously ends up somewhere sunny with a 1% tax rate (sometimes in someone else's name).

    The taxation system is all one big pantomime and your little dance just adds to it. No one here mentioned anyone who earns 50k, except for you. No one here mentioned small/medium business owners, except for you. If you hear someone criticising people for living a nice life, take it up with them. I am talking about the FACT that people on PAYE are forced to pay the rate of tax that they are 'supposed to' while the very wealthiest can dodge and swerve (and still complain about the top rate being too high when they aren't even paying it).

  31. #31

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by ninianclark View Post
    Do you know when wage inequality first appeared and why ?

    Well according to Radio 4 this lunchtime - it came from when Bill Clinton put a limit of 1million dollars on earned income. So what happened was that all the CEOs in the USA started getting performance related pay instead - which got around the law. So based on share price, and hitting easy targets - their wages sky rocketed - all thanks to a well meaning act by a known philanderer.

    I think Corbyn's idea would go the same way.
    I'm pretty sure there was a teensy bit of inequality before that

  32. #32

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by Eric Cartman View Post
    You are paranoid, the bit on bold doesn't imply you are in favour or against it at all. It wasn't directed at you, more a general question.

    Unlike...



    On small/medium businesses owners? I never did comment on them.

    You assumed TOBW was a rich hater simply because he said the rich don't pay the tax they are supposed to. My immediate guess is that he is referring to people whose money does more air miles than Justin Bieber and suspiciously ends up somewhere sunny with a 1% tax rate (sometimes in someone else's name).

    The taxation system is all one big pantomime and your little dance just adds to it. No one here mentioned anyone who earns 50k, except for you. No one here mentioned small/medium business owners, except for you. If you hear someone criticising people for living a nice life, take it up with them. I am talking about the FACT that people on PAYE are forced to pay the rate of tax that they are 'supposed to' while the very wealthiest can dodge and swerve (and still complain about the top rate being too high when they aren't even paying it).
    Read the thread back and see where I said that people generalise about the rich, when they have no idea whatsoever what each individual pays.

    You have't a clue, so don't generalise.

    The tories have done more than labour ever did to cut down on tax avoidance.

    You hate the 1% so much that you discredit the entire system. When most well off people pay far more than you ever will.

    Pass it off as you simply disliking the 1%, I think you dislike more judging by your comments on the entire system.
    Last edited by LordKenwyne; 11-01-17 at 08:19.

  33. #33

    Re: A corbyn government would impose a limit to what you can earn

    Read momentums latest release and they say employers are basically scumbags. That is the sort of crass comment from people that will never experience running a business.

    The rich get criticised for passing judgement on the poor. I guess the working classes can judge anyone without restraint.

    At no point in this thread have I been aggressive, so save your OTT language

  34. #34
    International Vimana.'s Avatar
    Join Date
    Dec 2013
    Location
    way out west
    Posts
    11,543

    Re: A corbyn government would impose a limit to what you can earn

    Cap is probably an impractical idea, but all elements of Gov't should be looking to implement a reliable system of obtaining transparency regards earnings (I don't necessarily mean full public knowledge) so that those above a certain threshold are made to pay every penny of tax that they owe to the state - like the majority of us 'ordinary' people do.
    Those who already earn a very comfortable amount, but are found to be attempting to defraud the country of more on the sly should be marched off to jail like the crooks that they are.

    Utopia I know.

  35. #35
    International Vimana.'s Avatar
    Join Date
    Dec 2013
    Location
    way out west
    Posts
    11,543

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post

    The rich get criticised for passing judgement on the poor. I guess the working classes can judge anyone without restraint.
    Society has always, and still does operate that way - there always a perceived 'underdog' who can openly criticise a perceived 'overmaster', but unacceptable the other way round.
    In return they get / get to feel downtrodden.

    Does not solely relate to wealth / status.

    There have a been a few on here over the years who have been openly contemptuous of the 'great unwashwed' as I recall.

  36. #36

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by Vimana. View Post
    Cap is probably an impractical idea, but all elements of Gov't should be looking to implement a reliable system of obtaining transparency regards earnings (I don't necessarily mean full public knowledge) so that those above a certain threshold are made to pay every penny of tax that they owe to the state - like the majority of us 'ordinary' people do.
    Those who already earn a very comfortable amount, but are found to be attempting to defraud the country of more on the sly should be marched off to jail like the crooks that they are.

    Utopia I know.
    The gov are going through old accounts off shore, demanding people give explanations as to why money has passed through or been stored there. It could've been twenty years ago, they don't care.

    I don't really understand how it all works.

    I am unsure if they are targeting the big boys who avoid paying millions upon millions but small fry people are getting taken to the cleaners.

  37. #37

    Re: A corbyn government would impose a limit to what you can earn

    [QUOTE=LordKenwyne;4709183]This myth that the rich do not pay their "fair share" will always win some votes, but this sort of punishment of financial success will never win in the modern world, I don't think.

    We are allowed to earn what ever father jeremy tells us we can....

    When you think he is building momentum he throws a spanner in the works and you realise why electing him would be a huge risk.

    -------------------------------------------------------------
    I'd agree with you about him building momentum. The way a rolling stone gathers moss as it careers downhill is the type.

    The most ineffective dreadful leader of the opposition of all time, well done the team Cult Corbyn who voted for him.

  38. #38

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    Read the thread back and see where I said that people generalise about the rich, when they have no idea whatsoever what each individual pays.

    You have't a clue, so don't generalise.

    The tories have done more than labour ever did to cut down on tax avoidance.

    You hate the 1% so much that you discredit the entire system. When most well off people pay far more than you ever will.

    Pass it off as you simply disliking the 1%, I think you dislike more judging by your comments on the entire system.
    Childish, desperate and wrong.

    Both my siblings are higher rate tax payers, as are their partners. I see an unfair system where they pay a huge portion of their income while far richer people and massive companies can manipulate it to pay sod all.

    Inequality grew under labour, grew under the coalition and is growing under the Tories = the definition of a rigged system. We see ideological diatribe against the union's from this government daily and yesterday we saw stories suggesting 'record bonus payouts since the financial crisis', the only possibl result of these two things is even greater inequality.

  39. #39

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by LordKenwyne View Post
    Read momentums latest release and they say employers are basically scumbags. That is the sort of crass comment from people that will never experience running a business.

    The rich get criticised for passing judgement on the poor. I guess the working classes can judge anyone without restraint.

    At no point in this thread have I been aggressive, so save your OTT language
    You aren't debating with momentum, you are debating with the people in this thread, my views don't align with theirs.

  40. #40

    Re: A corbyn government would impose a limit to what you can earn

    Quote Originally Posted by Eric Cartman View Post
    Childish, desperate and wrong.

    Both my siblings are higher rate tax payers, as are their partners. I see an unfair system where they pay a huge portion of their income while far richer people and massive companies can manipulate it to pay sod all.

    Inequality grew under labour, grew under the coalition and is growing under the Tories = the definition of a rigged system. We see ideological diatribe against the union's from this government daily and yesterday we saw stories suggesting 'record bonus payouts since the financial crisis', the only possibl result of these two things is even greater inequality.
    I am childish and you come steamrolling into the thread.

    I am defending the high earners who get lampooned on social media every minute of every day. I am not defending the ultra rich in their ivory towers.

    I've said "generalise" more times than I can remember in this thread. But people do generalise about the wealthy and rich. You separate them, most do not.

    You have misinterpreted what I meant. There is no reason to even argue, as we agree!.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •