Debate House Prices


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Tax Credits

17071737576104

Comments

  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    And what do those whose labour isn't worth that do?
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • dktreesea
    dktreesea Posts: 5,736 Forumite
    ukcarper wrote: »
    I would also suspect that a large number are on part time contracts.

    Probably because Whitbread, like plenty of other large companies in the retail sector, want to avoid having to pay national insurance. When can we expect that to change? It should be paid by employers on the first pound earned each week, not just when the pay gets over £156 a week. If the government then want to rebate the employee's contribution for low paid employees, let them do it through the tax system, as a rebate.
  • dktreesea
    dktreesea Posts: 5,736 Forumite
    gadgetmind wrote: »
    And what do those whose labour isn't worth that do?

    All labour is worth a living wage. The current NMW certainly isn't it. £9.50 an hour seems a reasonable starting point to me. Someone who works full time should be earning enough from his employer not to need to depend on being bailed out by the welfare system.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    dktreesea wrote: »
    I want the minimum wage to be £9.50 an hour. At least.

    When I'm in charge I'll increase it to £20 and make every Friday a public holiday.

    I'll just legislate everyone richer.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    dktreesea wrote: »
    All labour is worth a living wage.

    That may be an opinion but it's not a fact. There are many who have close to zero skills coupled with not much ability/attitude to acquire them. If employing this person won't increase revenue enough to pay them, then they won't be employed.

    I maintain that the solution is education rather than legislation. If people have valuable skills, then they'll find earning many multiples of living wage easy, if they don't ...
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    wotsthat wrote: »
    I'll just legislate everyone richer.

    While you've got your magic wand out, can I have a pony?
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • chewmylegoff
    chewmylegoff Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    wotsthat wrote: »
    When I'm in charge I'll increase it to £20 and make every Friday a public holiday.

    I'll just legislate everyone richer.

    You've got my vote. All you need to do now is promise to legislate to cap house prices at 3.5 times the average wage and graham will vote for you too. This politics lark is a piece of cake.
  • michaels
    michaels Posts: 29,137 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    dktreesea wrote: »
    Probably because Whitbread, like plenty of other large companies in the retail sector, want to avoid having to pay national insurance. When can we expect that to change? It should be paid by employers on the first pound earned each week, not just when the pay gets over £156 a week. If the government then want to rebate the employee's contribution for low paid employees, let them do it through the tax system, as a rebate.
    I would increase all wages by the Employers NI percentage (including for those who don't work enough hours for their employer to pay it) and then move the tax onto the employee. It is just rubbish to pretend that taxes on employment fall on anyone other than the employee, the sort of political chicanery that Brown believed in.
    I think....
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    dktreesea wrote: »
    All labour is worth a living wage. The current NMW certainly isn't it. £9.50 an hour seems a reasonable starting point to me. Someone who works full time should be earning enough from his employer not to need to depend on being bailed out by the welfare system.



    a lot of people agree with you

    it's a shame that most of them don't start businesses that pay these rates to people without skills.
  • dktreesea
    dktreesea Posts: 5,736 Forumite
    edited 14 November 2015 at 12:05AM
    Thrugelmir wrote: »
    Do you know how many employees Tesco's has?

    Around 507,000

    That equates to a profit per head of £698.

    Based on a 37.5 hour week. Each employee contributes 37 pence per hour.

    Best to understand what numbers mean before spouting off.

    Osborne may have made a fatal error with his minimum wage plans.......


    Why talk about Tesco's worldwide headcount? I couldn't care less what they pay their employees in Thailand, Malaysia, The USA, Turkey, Poland and wherever else they have their stores these days. Their UK head count is just over 300,000 people.



    Furthermore, if Tesco choose to run some of their overseas operations at a loss, that's between them and their long suffering shareholders. Here in the UK they make a profit. Give me one good reason why the taxpayer should bolster that profit via tax credits so they can pay their staff poverty wages?


    And even in the UK, all we are talking about is their lowest paid workers.
    Do you think campaigns like this help their cause?
    https://you.38degrees.org.uk/petitions/tesco-pay-your-workers-a-wage-they-can-live-on
    More likely drives their would be shoppers into the arms of Lidl, Aldi and Waitrose.


    http://www.ibtimes.co.uk/lidl-living-wage-will-tesco-aldi-others-increase-pay-new-frontier-supermarket-war-1520294
    Our local Morrisons is empty. Minimum hourly rate at Lidl? - £8.20. Minimum hourly rate at Morrisons? A pathetic £6.83.
    Morrisons are so greedy they're prepared to pay their staff peanuts (Tesco are no better) knowing that some other taxpayers are paying ridiculous rates of income tax so they can top those poverty wages up? Well, hail to Scrooge, which seems to be what you want to do, defending their greed, but they can both do without my hard earned dosh.
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