50% tax rate is damaging the economy.

[gingerjedi]

We regularly hear business leaders telling us about top salaries and bonuses attracting the best people. Is the same not true at lower levels? By paying a little more you would incentivise your work force and attract/keep the best able.

You mean pay the little people a working wage?

It's never going to happen.

[AtW]

So you dont think bank bonuses are valid?

It's the matter for the owners.

[Arturo Bassick]

You mean pay the little people a working wage?

It's never going to happen.

I know it will never happen exactly because the business owners see their staff as little people.
It was in the context of these business leaders saying they are not considering investing in business in the UK because they will have to pay more tax. I am suggesting that they can invest to make their businesses stronger without increasing their own tax burden. One of the ways of doing this is improving their staffs lot.

[DodgyAgent]

You mean pay the little people a working wage?

It's never going to happen.

Then create an environment where little people can become big people.

[Doggy Styles]

Certainly income tax, council tax is local matter but councils should not really be collecting taxes.

When I were young, schools and colleges were stuffed with amateur global finance engineers like you.

[DodgyAgent]

I know it will never happen exactly because the business owners see their staff as little people.
It was in the context of these business leaders saying they are not considering investing in business in the UK because they will have to pay more tax. I am suggesting that they can invest to make their businesses stronger without increasing their own tax burden. One of the ways of doing this is improving their staffs lot.

Why rather than make assumptions not let the business people judge for themselves what is best for their businesses?

[AtW]

When I were young, schools and colleges were stuffed with amateur global finance engineers like you.

When I was young I had to learn Karl Marx, Lenin and tulipe of that kind

[DodgyAgent]

When I was young I had to learn Karl Marx, Lenin and tulipe of that kind

Looks like you have'nt forgotten any of it

[lilelvis2000]

One doesnt go into business to "spread one's wealth". There comes a point when the incentive to build a business simply disappears. I know that if I were drawing more than £150k out of my business I would look at ways of avoiding this tax rather than pay myself this money.

Well there goes the trickle down theory and the "wealth creators" tag along with it. We knew it all along.

[DodgyAgent]

Well there goes the trickle down theory and the "wealth creators" tag along with it. We knew it all along.

In my industry the cost of entry is low enough for anyone to go and set up on their own. Many of my ex employees have set up their own businesses and are doing very well for themselves.