Jeremy Corbyn and his policies.

[Ricky Spanish]

Corbyn is undecided about Trident, but the Labour Party wishes to keep the deterrent.

A "deterrent" against who and/or what exactly??

[Ricky Spanish]

I see Corbyn has promised 4 more bank holidays if Labour gets in, one for each British saints day. They don't say how that will be paid for!

You could have a look here: https://twitter.com/LabourEoin/status/856178772458033153/photo/1

[jeremyp]

You could have a look here: https://twitter.com/LabourEoin/status/856178772458033153/photo/1

Yes, some of those costings are clearly bollocks. For example the increased tax revenue from private schools will almost certainly put many of them out of business. I don't think it's a bad idea, I just think they are being naive about how much money it will rase.

The ban on companies in tax havens bidding for government business is just petty nonsense. |It's also false to say it has zero cost because those companies are no longer bidding for government contracts which reduces competition. Also, I'd like to see where they are going to find a company to build their next destroyers etc if that company is not allowed to pay its CEO more than £350k.

I'm not saying that all those ideas are bad, just that they've costed them very naively.

[jakswan]

-
Yep
(I'm not a member of any party at the moment, btw)
So what?
Belgium, the Netherlands, Germany, Norway....need I go on?
None of them harbour weapons of mass destruction, yet are members of Nato.
Why should Scotland be any different?

So your opposition to Trident is a NIMBYism.

[jakswan]

You could have a look here: https://twitter.com/LabourEoin/status/856178772458033153/photo/1

Some of those will crash the economy. The ban of £350,000 CEO companies working for government is going to be tricky.

Is Google in a tax haven?

[Gonnagle]

Dear Jeremyp and Jakswan,

I will really have to get my head around that one, £350,000 Some Doctors and well qualified Nurses earn a fraction of that hideous sum and work totally insane hours to achieve that, but then the job of Doctors and Nurses is a vocation, they don't work for the money.

Here's a well known fact about Nursing in the 21st century, ( 21st century my arse, the Tories won't be happy until they are sticking our kids back up chimney's ) Nurses are doing 12 hour shifts, that is Victorian

In the 21st century we should be striving for less hours but with the same pay ( they are trialing this in Sweden or Norway, well one of those forward thinking countries ) but I hear you cry!! where will we find the money to pay for this, well that is the head of the viper we really should cut off, how about we tell the more money than sense CEO's to take a massive pay cut, Nah!! that boat has sailed, I will not be your CEO unless you pay me ££££££££££££££ and don't forget the bonus, even if I do a shitty job.

Gonnagle.

[jakswan]

Dear Jeremyp and Jakswan,

I will really have to get my head around that one, £350,000 Some Doctors and well qualified Nurses earn a fraction of that hideous sum and work totally insane hours to achieve that, but then the job of Doctors and Nurses is a vocation, they don't work for the money.

Here's a well known fact about Nursing in the 21st century, ( 21st century my arse, the Tories won't be happy until they are sticking our kids back up chimney's ) Nurses are doing 12 hour shifts, that is Victorian

In the 21st century we should be striving for less hours but with the same pay ( they are trialing this in Sweden or Norway, well one of those forward thinking countries ) but I hear you cry!! where will we find the money to pay for this, well that is the head of the viper we really should cut off, how about we tell the more money than sense CEO's to take a massive pay cut, Nah!! that boat has sailed, I will not be your CEO unless you pay me ££££££££££££££ and don't forget the bonus, even if I do a shitty job.

Gonnagle.

Ignoring the Daily Mail style rant you. A way to effectively lower CEO salary is to raise taxes on high earners and to use the "money raised" to pay nurses more, it won't work and won't get voted for but it is a fair position to hold.

Maybe tone down the sanctimonious drivel though, I know you think your better than everyone else but don't think anyone is buying it. 

[Nearly Sane]

Ignoring the Daily Mail style rant you. A way to effectively lower CEO salary is to raise taxes on high earners and to use the "money raised" to pay nurses more, it won't work and won't get voted for but it is a fair position to hold.

Maybe tone down the sanctimonious drivel though, I know you think your better than everyone else but don't think anyone is buying it.

Does Gonzo think he is better than everyone else?

[Gonnagle]

Dear Sane,

Yes I do, I am on one massive ego trip

Dear Jakswan,

Yes!! excuse me it was a rant, and I think justifiable.

Gonnagle.

[ProfessorDavey]

A way to effectively lower CEO salary is to raise taxes on high earners and to use the "money raised" to pay nurses more, it won't work and won't get voted for but it is a fair position to hold.

Problem is, of course, that CEO's will be closely involved in negotiating a package, and they will ensure that the package they receive is most attractive in tax terms. There are loads of ways to minimise tax liabilities and shifting money from direct salary to other elements is common. A classic approach would be to shift a big chunk straight into a pension, which is more tax efficient. Another is dividend from share options.

So you need to completely reorganise the tax system, and it isn't easy to hit others who aren't high earners - for example those relying on incomes from pension funds that include substantial dividend elements. Or acting to disincentive individuals from putting money into pensions.

[jeremyp]

I will really have to get my head around that one, £350,000 Some Doctors and well qualified Nurses earn a fraction of that hideous sum and work totally insane hours to achieve that, but then the job of Doctors and Nurses is a vocation, they don't work for the money.

And your point is?

CEOs get paid lots because that is what they are worth to the companies that employ them. For a company like BAe Systems (a big government supplier) employing a CEO who can increase their margin by only 0.1% of revenue, gives them an extra 18 million pounds a year. If the CEO demands a million pounds to do that, it's still a good deal.

Here's a well known fact about Nursing in the 21st century, ( 21st century my arse, the Tories won't be happy until they are sticking our kids back up chimney's ) Nurses are doing 12 hour shifts, that is Victorian

You don't tackle the problems of the nursing profession by beating up people in unrelated areas.

In the 21st century we should be striving for less hours but with the same pay ( they are trialing this in Sweden or Norway, well one of those forward thinking countries ) but I hear you cry!! where will we find the money to pay for this

By increasing productivity. Sweden reckons that they will get the same amount of work in six hours that they currently get in eight hours. It's credible, in my opinion. Most countries in Europe already have better productivity than us even with an eight hour day.

[jeremyp]

So you need to completely reorganise the tax system, and it isn't easy to hit others who aren't high earners - for example those relying on incomes from pension funds that include substantial dividend elements. Or acting to disincentive individuals from putting money into pensions.

And it really isn't worth the effort. There aren't that many CEOs earning such enormous sums and we need thousands of nurses and doctors, policemen, teachers etc etc etc. Personally, I think we need higher taxation in general. But you have to be careful because raising taxes by (say 5%) won't give you an extra 5% in the government coffers because of the braking effect it would have on the economy.

[Gonnagle]

Dear Jeremyp,

By increasing productivity. Sweden reckons that they will get the same amount of work in six hours that they currently get in eight hours. It's credible, in my opinion. Most countries in Europe already have better productivity than us even with an eight hour day.

Yes! exactly, the study is all about increasing productivity, less sick leave, which the NHS is rife with, a happy workforce, one finding they have found, people will work harder on six hours than they did on twelve.

Gonnagle.

[BeRational]

Dear Jeremyp,

Yes! exactly, the study is all about increasing productivity, less sick leave, which the NHS is rife with, a happy workforce, one finding they have found, people will work harder on six hours than they did on twelve.

Gonnagle.

It might also mean getting rid of people so that less people do the same amount of work.

Inefficiencies need to be rooted out as well.

[Gonnagle]

Dear Berational,

Just heading out but yes that is one area employers need to sharpen up, people, employees are human beings, not some commodity to use and abuse as profits rise or fall.

Gonnagle.

[BeRational]

Dear Berational,

Just heading out but yes that is one area employers need to sharpen up, people, employees are human beings, not some commodity to use and abuse as profits rise or fall.

Gonnagle.

But the business is competing with other businesses, and needs to make a profit, so getting rid of inefficiencies is a way to save cost, and that may mean that people are discarded.

You seem to want a utopia, well me too count me in. How do we achieve it?

[jakswan]

Yes!! excuse me it was a rant, and I think justifiable.

LOL feel free to rant away its empty rhetoric. I thought you might have been actually advocating some sort of firm policy but as ever once challenged back down.

[Gonnagle]

Dear Berational,

How would I achieve it, well I am no business man but.

1. If there is a slump in the market, shareholders and owners take the hit, they are paid nothing, zero, in fact if they are big business, you ask them to foot the bill until better times.

2. Shareholders, now this is being done, all employee's become shareholders, if I was working for company X and had shares I would graft hard to make sure that company stayed viable.

3. Make damn sure all my employee's are happy to come to work, take a look at every practice the employee's are involved in and ask, how can we make it easier, more enjoyable.

4. A bug bear of mine, coffee and tea are free, not a stupid machine, but good quality, oh and a toaster!! I would come in that little bit earlier just to have some time with colleagues over a good cup of coffee and a slice of well buttered toast, a bit of heaven before you begin your daily toil.

5. Take a good look at Sports Direct and do the opposite of everything they do.

6. That numpty who bought BHS, show the working public that he will be branded with the number 666, well after we have fleeced him for every penny that he has, see if he likes standing in a queue at a foodbank.

Apart from the above, see how the Scandinavian experiment works out, learn from it build on it.

Gonnagle.

[Gonnagle]

Dear Jakswan,

What challenge?? where is the challenge, you yourself came out with tax the high earners more, I don't believe that is the solution, fleece the rich, one policy I disagree on, a fair tax system across the board, that is what I want.

Gonnagle.

[Walt Zingmatilder]

Dear Jakswan,

What challenge?? where is the challenge, you yourself came out with tax the high earners more, I don't believe that is the solution, fleece the rich, one policy I disagree on, a fair tax system across the board, that is what I want.

Gonnagle.

What is it the tories are offering? What are people getting crazy over them about?

[Gonnagle]

Dear Vlad,

Nothing, a empty party, we have sausage rolls in the oven, big deal, but they do have hell of a smoke and mirrors party, for the whizz bang crowd, apparently that is what we want, fireworks and display, substance has had its day.

Gonnagle.

[ProfessorDavey]

1. If there is a slump in the market, shareholders and owners take the hit, they are paid nothing, zero, in fact if they are big business, you ask them to foot the bill until better times.

But they do foot the bill in better times.

Better times, of course, mean that the company is profitable, and if so corporation tax will be paid. If the company is profitable it will likely provide a dividend to its shareholders and that dividend income is tax. If the value of the shares rises when shareholders sell them that capital gain is taxed.

And the money that is earned by the shareholders is likely (at least in part) to be spent and therefore VAT will be raised too.

[jakswan]

Dear Jakswan,

What challenge?? where is the challenge, you yourself came out with tax the high earners more, I don't believe that is the solution, fleece the rich, one policy I disagree on, a fair tax system across the board, that is what I want.

Gonnagle.

No I was looking for some semblance of coherence in your your post, I extrapolated the policy from your post, apologies should have made that clear.

So nurses / CEOs what policy are your advocating?

[jakswan]

Dear Vlad,

Nothing, a empty party, we have sausage rolls in the oven, big deal, but they do have hell of a smoke and mirrors party, for the whizz bang crowd, apparently that is what we want, fireworks and display, substance has had its day.

Gonnagle.

My irony meter just blew.

[floo]

Whilst I don't support Corbyn, I am disgusted that Boris Johnson has made such a complete idiot of himself with his rude name calling!

http://www.bbc.co.uk/news/uk-politics-39727489