Leftist propoganda?

[VectraMan]

General Secretary Frances O’Grady said: “The UK is in the midst of a living standards crisis, and while the economy is slowly starting to recover, ordinary people are a long way from feeling any benefit.

“Money is so tight that any unforeseen expenses – like a winter coat for the children or repairing a broken cooker – are forcing families to borrow just to keep their heads above water.”

How is a winter coat an unforeseen expense?

[Doggy Styles]

How is a winter coat an unforeseen expense?

Mine was a bar tab I'd forgotten about at the Red Lion.

[Old Greg]

How is a winter coat an unforeseen expense?

Maybe Dodgy nicked their last coat while they were queuing for the food bank.

[DodgyAgent]

Maybe Dodgy nicked their last coat while they were queuing for the food bank.

I always make sure that I leave a restaurant with a smarter coat than the one I wore when I came in.

[Old Greg]

I always make sure that I leave a restaurant with a smarter coat than the one I wore when I came in.

Except when you're blind dating Kent Phillip.

[Peoplesoft bloke]

Stumbling and Mumbling: Living Wage macroeconomics

[SpontaneousOrder]

Stumbling and Mumbling: Living Wage macroeconomics

There's no such thing as macro economics.

[AtW]

What should really happen is that companies get tax credit for the amount of NI/PAYE their employees pay that can be offset against Corp Tax that company pays.

This would encourage employment in this country and will be good for shareholders.

There would be no point to pay higher PAYE taxes in order to reduce corp tax, so I reckon tax cheating will be limited and those firms that help generate tax take by providing employment will be rewarded appropriately.

[AtW]

BUT there is no account taken of the reduction in corporation tax

It's possible that it was taken into account but the article did not mention it.

My guess would be that Treasury can get 70%+ in indirect taxes from the person who gets a bit more money on top of minimum wage, where as corp tax is optional for some people and those who pay it will do so at 20% rate at best.