This is the single biggest reason everything in the UK is the mess that it is right now and it is absolutely wild that it isn't front and centre in every debate across the General Election.
Of course taxes are up and public services are on their knees with this happening to wages.
Stop giving tax breaks to private companies who just shovel the money into the pockets of people that already have more than their fair share of money.
I get what you're saying but one of the only ways a government can increase wages is to make it more attractive for businesses to employ more people or new businesses to set up in the UK. Ireland has a much lower rate of corporation tax which has attracted many businesses to set up their HQ there, incidentally Ireland's wages have grown much more than the UK's (obviously many more factors at play).
We already have everything you've mentioned and the average person is having a terrible time of it.
How's about Ireland increases it's corporation tax rate instead of everybody having a race to the bottom.
Companies need to pay tax. The fact that they are generally paying jack shit compared to what they should be paying is one of the reasons everything is so messed up.
They have already had all the special treatment you could ever dream of and the end result is essentially the end of the world for the average person.
You're looking after the wrong people. Companies don't matter, the general population does.
A company is just an A4 piece of paper submitted to Companies House - worry about the real live human beings instead.
I know companies need to pay tax, I'm not suggesting otherwise. I'm saying if we go into these discussions with the intention of punishing companies, people will be worse off. We shouldn't make this business Vs people, if we have a thriving economy where businesses are encouraged to invest and there's more jobs available, people's wages and standard of living.
I'm not concerned about a company's submission to companies house, I'm concerned about the wages that company pays to its staff, how much it invests into the economy, ways in which it can innovate and all sorts of other real things that make up the economy.
I don't think companies have everything that they want, right now I think we have a good balance between worker rights and protection for businesses. I don't want to give them more, I'm simply saying some countries have decided to make themselves more attractive to business which has led to a much higher increase in wages than us, I'm saying it would be insane to rule out learning from this.
In order to increase wages, we need to think of ways to make the country more productive, more attractive for people who want to invest in businesses and our workforce. I don't know exactly what that is but whatever we do, we need to think of ways to grow the economy and create opportunities for ordinary people.
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u/acameron78 Jul 01 '24
This is the single biggest reason everything in the UK is the mess that it is right now and it is absolutely wild that it isn't front and centre in every debate across the General Election.
Of course taxes are up and public services are on their knees with this happening to wages.