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

  1. #41

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

    I saw a headline today which suggested the proposed limit was for those with government contracts and set at 20x the wage of the lowest paid employer. If your lowest paid employer earns 5,000 per year then you can earn 100,000 per year.

  2. #42

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

    Quote Originally Posted by surge View Post
    I saw a headline today which suggested the proposed limit was for those with government contracts and set at 20x the wage of the lowest paid employer. If your lowest paid employer earns 5,000 per year then you can earn 100,000 per year.
    Currently they would not be able to do that I believe as it would break competition rules re competitive tenders etc etc.

    Did Corbyn actually think any of this through ?

    It seems to me Corbyn is great at complaining and demanding that the Govt do something etc - we can all do that . BUT when it comes to providing a solution - he seems all over the place. Which is a pity - as you would hope as the leader of the opposition - he would actually provide some alternative opposition ideas

  3. #43

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

    Quote Originally Posted by ninianclark View Post
    Currently they would not be able to do that I believe as it would break competition rules re competitive tenders etc etc.

    Did Corbyn actually think any of this through ?

    It seems to me Corbyn is great at complaining and demanding that the Govt do something etc - we can all do that . BUT when it comes to providing a solution - he seems all over the place. Which is a pity - as you would hope as the leader of the opposition - he would actually provide some alternative opposition ideas
    I have already said that it's likely to be unworkable. My point here was that a cap on earnings is factually accurate but perhaps not telling: 20x the lowest wage is likely to be an incredible amount of money still.

    There seems to be few really good ideas currently and even fewer that have been properly organised. When the odd one does come along (not placing those diagnosed with mental health issues in police cells as a last resort for example) it seems to be a fight to claim it. Ms. May recently tried but go back to when it was announced and she was nowhere to be seen.

    The ideas which are properly organised (snoopers charter) seem to be an absolutely terrible candidate to be worked out.

  4. #44

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

    Quote Originally Posted by ninianclark View Post
    Currently they would not be able to do that I believe as it would break competition rules re competitive tenders etc etc.

    Did Corbyn actually think any of this through ?

    It seems to me Corbyn is great at complaining and demanding that the Govt do something etc - we can all do that . BUT when it comes to providing a solution - he seems all over the place. Which is a pity - as you would hope as the leader of the opposition - he would actually provide some alternative opposition ideas
    It is a tragedy. This government is lurching from ****up to ****up and yet they are 15 points ahead in the polls - Corbyn surely must read something from that - i.e. Go.

    I don't hate him or like him really but this is pathetic - Labour are delaying the by-election in Copeland because they are worried that a low turnout might see them lose a seat that they have held for something like 90 years.

  5. #45

    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.
    Spot on , and that where this will fall down, all these cap will just result in people becoming self employed , and paying less tax ,try another idea JC.

    Let grab another sound bite ,or talk about the strikes, and how its best they weren't happening in an age where folk are paid reasonably well ,compared to the 70's

  6. #46

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

    Quote Originally Posted by life on mars View Post
    Spot on , and that where this will fall down, all these cap will just result in people becoming self employed , and paying less tax ,try another idea JC.

    Let grab another sound bite ,or talk about the strikes, and how its best they weren't happening in an age where folk are paid reasonably well ,compared to the 70's
    It may come as a surprise to some people but things cost more than they did in the 70's

  7. #47

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

    Quote Originally Posted by life on mars View Post
    Spot on , and that where this will fall down, all these cap will just result in people becoming self employed , and paying less tax ,try another idea JC.

    Let grab another sound bite ,or talk about the strikes, and how its best they weren't happening in an age where folk are paid reasonably well ,compared to the 70's
    If the people in the background at labour were to elect someone, they'd choose a man or women who could kill the image of economic mismanagement that was created during the previous efforts.

    But the public get the vote and here we are.

    Umunna must be biding his time.
    Last edited by LordKenwyne; 12-01-17 at 13:39.

  8. #48

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

    Quote Originally Posted by Eric Cartman View Post
    It may come as a surprise to some people but things cost more than they did in the 70's
    I was earning , buying and supporting a family in the 70 's and it was poor pay , and tough , commodities were way more expensive, then due to no real less competition on the high street .

    School uniforms were pricey from specialist shops or M&S , now you have bigger supermarkets driving those prices down including M&S

    TV'S were a premium,had to bust a gut to get one on HP , now everyone has one , plus many more in bedrooms ,plus cable TV costs , never-mind, I pads, tablets, mobile phones , PC'S , folk now have a lot more .


    Myself and my colleagues cycled, walked , or got a bus to work , now the same car parks are rammed with cars some very top end , with some having more than one on the driveway, its all so much attainable and rightly so.

    Holidays back then were a luxury , we had to settle for home based breaks at Butlins, Trecco Bay , now with a bit of saving you can fly your family to Spain within modest income earning families.

    Things are way better now for the working person , in terms of wages and rights, and I'm only talking about factory workers, posties and rail worker type jobs .who were lower paid back then,not many having to walk to work now ,thank god .
    Last edited by life on mars; 12-01-17 at 14:10.

  9. #49

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

    Quote Originally Posted by life on mars View Post
    I was earning , buying and supporting a family in the 70 's and it was poor pay , and tough , commodities were way more expensive, then due to no real less competition on the high street .

    School uniforms were pricey from specialist shops or M&S , now you have bigger supermarkets driving those prices down including M&S

    TV'S were a premium,had to bust a gut to get one on HP , now everyone has one , plus many more in bedrooms ,plus cable TV costs , never-mind, I pads, tablets, mobile phones , PC'S , folk now have a lot more .


    Myself and my colleagues cycled, walked , or got a bus to work , now the same car parks are rammed with cars some very top end , with some having more than one on the driveway, its all so much attainable and rightly so.

    Holidays back then were a luxury , we had to settle for home based breaks at Butlins, Trecco Bay , now with a bit of saving you can fly your family to Spain within modest income earning families.

    Things are way better now for the working person , in terms of wages and rights, and I'm only talking about factory workers, posties and rail worker type jobs .who were lower paid back then,not many having to walk to work now ,thank god .
    I read the other day that to obtain the same standard of living as the average person at the beginning of the 20th century (can't remember when exactly but between 1900-1910 I think) we would only need to work 17 weeks of the year. I am sure you are right, the average standard of living is significantly higher now than the 70's but it is also true that people born in the 80's and 90's will find it hard to create financial security for themselves. House prices are absurd, the average house price in my area was 4x average salary at the end of the 70's, now we are talking well over 10x.

  10. #50

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

    Quote Originally Posted by Eric Cartman View Post
    I read the other day that to obtain the same standard of living as the average person at the beginning of the 20th century (can't remember when exactly but between 1900-1910 I think) we would only need to work 17 weeks of the year. I am sure you are right, the average standard of living is significantly higher now than the 70's but it is also true that people born in the 80's and 90's will find it hard to create financial security for themselves. House prices are absurd, the average house price in my area was 4x average salary at the end of the 70's, now we are talking well over 10x.
    Yes your are right life's new standards are tough to reach ,however the alleged new poor or hard up , seem still to have cars , mobiles and take holidays.

    I think the difference now is about exclusiveness and expectation, back in the 70' and 80's folk could not or would not step deep into the world of debt,which takes us back to the clever and derisive financial world whcih has allowed that to happen , which consequently has enabled the property price boom, you can bet your bottom dollar if the extended freely handed out loans were not there ,no one could afford these silly house prices and the prices would drop.

  11. #51

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

    Quote Originally Posted by life on mars View Post
    Yes your are right life's new standards are tough to reach ,however the alleged new poor or hard up , seem still to have cars , mobiles and take holidays.

    I think the difference now is about exclusiveness and expectation, back in the 70' and 80's folk could not or would not step deep into the world of debt,which takes us back to the clever and derisive financial world whcih has allowed that to happen , which consequently has enabled the property price boom, you can bet your bottom dollar if the extended freely handed out loans were not there ,no one could afford these silly house prices and the prices would drop.
    In my area proximity to London is the problem. No one who works in London can afford to live there, commuting takes an hour. Perfect for them but it pushes house prices up sufficiently that lower paid people can't afford to live here, but those jobs are still vital.

  12. #52

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

    Quote Originally Posted by surge View Post
    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.
    Great post Surge. Well said.

  13. #53

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

    Corbyn's maximum wage is unworkable but at least it brings to the table the disparity in wealth between rich and poor. The gap continues to widen. That is unhealthy for our society and it needs addressing.

  14. #54

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

    Quote Originally Posted by Pearcey3 View Post
    Corbyn's maximum wage is unworkable but at least it brings to the table the disparity in wealth between rich and poor. The gap continues to widen. That is unhealthy for our society and it needs addressing.
    I am not a Corbyn basher per se but unfortunately I think his policy does the opposite. It allows people to ridicule the possibility of tackling wealth inequality and inequality in general.

  15. #55

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

    Quote Originally Posted by life on mars View Post
    I was earning , buying and supporting a family in the 70 's and it was poor pay , and tough , commodities were way more expensive, then due to no real less competition on the high street .

    School uniforms were pricey from specialist shops or M&S , now you have bigger supermarkets driving those prices down including M&S

    TV'S were a premium,had to bust a gut to get one on HP , now everyone has one , plus many more in bedrooms ,plus cable TV costs , never-mind, I pads, tablets, mobile phones , PC'S , folk now have a lot more .


    Myself and my colleagues cycled, walked , or got a bus to work , now the same car parks are rammed with cars some very top end , with some having more than one on the driveway, its all so much attainable and rightly so.

    Holidays back then were a luxury , we had to settle for home based breaks at Butlins, Trecco Bay , now with a bit of saving you can fly your family to Spain within modest income earning families.

    Things are way better now for the working person , in terms of wages and rights, and I'm only talking about factory workers, posties and rail worker type jobs .who were lower paid back then,not many having to walk to work now ,thank god .
    I was working before the 1970s and I would say the average working man was probably better off in the 1970s than today.

    An ordinary working man could afford to buy a house on his own wage. In most parts of the UK there was job security and if you got bored then another equally well paid job was easy to find. Unions were strong and I don't remember any zero hours contracts. Beer and food seemed much cheaper in relative terms but I've not looked at the figures. You were very silly if you bought a TV instead of renting like most people. They were always going wrong and the shop would send someone around to fix it for free. There were not so many cars on the road, but that was a good thing. People were flying to Spain for cheap holidays in the 1970s if you liked that kind of thing but many preferred to holiday in the UK.

    I would say that people were happier and friendlier then but this is just my opinion.

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