Return of the Rev
Well-known member
If you had to vote for salaries to be capped in the uk for everyone what is the best figure?
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Salary cap how much?
- Thread starter Return of the Rev
- Start date
glasfryn
cleaning up cat sick
NOTHING WRONG WITH EARNING 100K
as long as you actually earn it
as long as you actually earn it
Is that daily, weekly, monthly?
Does this apply to footballers?
Especially as Corbyn said a cap would be significantly more than the 138 grand he earns.
I'm sure the poll was created with tongue firmly in cheek though.
FatSuperman
Well-known member
- Feb 25, 2016
- 2,922
I'd vote for a sliding scale, pegged to £1 above whatever I happen to be earning. Reviewed daily.
Unless I end up on an hourly rate at some point, at which stage it's reviewed hourly.
Genuinely though, he (JC) said something about it being slightly higher than his ~£140k salary. Is the tax system still the same?
Does everyone else get an earnings boost to account for the drop at the top end? What happens to self-employed people? I guess they put their rates up to compensate for everyone else earning more. Shopkeepers etc can increase their prices accordingly to earn more as well. Sooner or later this will make no difference except we'd get less tax take and the genuine people worth a super premium wage will simply not be available in the U.K.
Unless I end up on an hourly rate at some point, at which stage it's reviewed hourly.
Genuinely though, he (JC) said something about it being slightly higher than his ~£140k salary. Is the tax system still the same?
Does everyone else get an earnings boost to account for the drop at the top end? What happens to self-employed people? I guess they put their rates up to compensate for everyone else earning more. Shopkeepers etc can increase their prices accordingly to earn more as well. Sooner or later this will make no difference except we'd get less tax take and the genuine people worth a super premium wage will simply not be available in the U.K.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,015
40k, if your going to have a cap set it low. no one needs to earn more than 40k right? its all spent on luxuries from there about onwards?
FatSuperman
Well-known member
- Feb 25, 2016
- 2,922
According to the BBC he said 'somewhat higher':
Speaking later on Sky News, Mr Corbyn said a wage cap would be "somewhat higher" than his salary of approximately £138,000
FatSuperman
Well-known member
- Feb 25, 2016
- 2,922
Exactly! I'd probably move the family north. Very north. £40k would go a lot further than down here. London would empty out quickly, luckily the foreign super rich could snap up all the property for much less than they currently pay. Hopefully they'd let brits live in the empty flats etc they own, rather than leaving them empty as per their current model.
I now believe that Corbyn is in fact a Tory in red clothing. He's an agent briefed by Ted Heath in the 70's to infiltrate Labour and destroy it. For some reason, nobody has turned this one-man political terrorist off and he still thinks the war is being waged.
Corbyn will (if he hasn't already) destroy the Labour party.
The only reason for optimism is that Theresa May appears to be unable to see the open net she has before her.
Corbyn will (if he hasn't already) destroy the Labour party.
The only reason for optimism is that Theresa May appears to be unable to see the open net she has before her.
KingstonSeagull
New member
20k should do it... Anyone earning over that is just being lavish!
20k a week I reckon. I'm not ready for Prosecco just yet.
Seagull
Yes I eat anything
Cap should be a multiple of the salary of the lowest paid worker. I'll say 10x for starters, so if lowest paid worker earns £10k p.a., cap for is £100k.
(It would probably need to be pro rata for hours of input but I'll help work out the details when it's in the Queen's Speech
)
(It would probably need to be pro rata for hours of input but I'll help work out the details when it's in the Queen's Speech
)
Two Professors
Two Mad Professors
No cap on salary.Just a much higher starting point for income tax,and a much higher tax rate above average earnings.
So let's say you have a recording artists who earns £1 for each album sold (or downloaded). The wage cap is £100k but they sell 1,000,000. Who gets the other £900,000? Do we have to introduce a system where the more they sell the cheaper the price so those that bought early are due a refund!
Ludicrous idea but unless you have a wage cap across the world then it isn't going to work because all that will happen is that the skilled worker/entrepreneur will go elsewhere and the country will be left with the dross.
It's not wages that need to be evened up, it is opportunities.
Ludicrous idea but unless you have a wage cap across the world then it isn't going to work because all that will happen is that the skilled worker/entrepreneur will go elsewhere and the country will be left with the dross.
It's not wages that need to be evened up, it is opportunities.
Fourteenth Eye
Face for Radio
I misread the thread & answered in regard to Footballers. 20k a week is still over a Million a year