Link to this page: http://www.socialistparty.org.uk/issue/712/14269

From The Socialist newspaper, 4 April 2012

Them & Us


Who decides?

The High Pay Centre has answered a question we've been wondering about for a while - who decides to pay chief executives the outrageous amounts they get? The answer? They do. Of the current FTSE 100 chief executives, nine sit on remuneration committees of other big companies (those are the bodies that decides chief executives' pay). And the rest of the committee tends to be largely made up of former company bosses too. It's unsurprising that these people's perspective is a little skewed when they're part of the group with an average income of 4.2 million a year themselves.


Tax strike

One of the main arguments used by Osborne to justify scrapping the 50p tax rate was that it was hardly bringing in any money because of tax avoidance.

So, let's get this straight: when its low-paid workers who make a policy unworkable through strike action, they're accused of 'holding the country to ransom'. But when it's the rich who refuse to adhere to government policy, it's taken as an obvious reason to scrap it. We wonder if the same attitude will be taken to the mass refusal to pay the new household tax in Ireland...


Preaching neoliberalism

George Osborne is such a helpful man. He's flown all the way to India to make sure the Indian government doesn't make a huge mistake. The Indian finance minister has recently proposed taxing all overseas deals going back 50 years.

Osborne said "We are concerned that the budget measure will not just impact one company like Vodafone but will damage the overall climate for investment in India".

Not surprising really - remember when Osborne let Vodafone off 6 billion tax in 2010?


You scratch my back...

So now we all know that 250,000 can get you dinner with the prime minister. What can 10 million get you? An airport on an Atlantic island perhaps? One of the toffs revealed on the Cam Dine With Me list was Lord Ashcroft, one of the Tories' biggest donors. Ashcroft has been supporting a campaign to use public funds to build an airport in St Helena since 2008.

And miraculously, he got his wish - costing 250 million from the UK overseas fund budget. Having had lunch at Chequers, the prime minister's country house, six months previously is, of course, completely unrelated.


Scroungers

The Department for Work and Pensions has released new figures for unclaimed benefits. In 2010-2011 12.3 billion went unclaimed by those entitled to it. Puts a bit of a dampener on claims of 'scroungers' out for everything they can get, doesn't it.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 4 April 2012:


Election Challenges

Kick out the cuts coalition

George Galloway's stunning Bradford West victory

Greater London Assembly election

Tony Mulhearn in Liverpool Mayor election challenge

Young people stand for TUSC

Wales: Challenging the establishment parties

Southampton TUSC: Labour resigned to austerity


Socialist Party news and analysis

Save the NHS now!

Pensions: National action needed

Tanker drivers' and Tory scaremongering

Them & Us


Socialist Party reports and campaigns

Unison members fighting back

Notts teachers fight five-term year

US embassy protest remembers Trayvon Martin

Tamil Solidarity 20 April Day of Action

Pro-choice London protest

Workplace In brief


Socialist Party feature

After the Riots


Socialist Party historical analysis

100 years since Titanic tragedy


International socialist news and analysis

Spain: Huge general strike as government enters deep crisis


Readers' comments

Oppose the Con-Dems' snoopers charter

Supporting my sons on 184 a week

Tory MPs and church attack gay marriage


 

Facebook   Twitter



Home   |   The Socialist 4 April 2012   |   Join the Socialist Party

Subscribe   |   Donate   |   Bookshop






Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter



Related links:

Strike:

triangle30 years ago: 250,000 school students walked out.

triangleReview: Gods of Gold

triangleBromley council workers show how to fight Tories

triangleUnison health backs 10 an hour call

triangleGlasgow strikers: 'We're all in it to win it!'

Tax:

triangleTories reassure tax avoiders

triangleKingston Socialist Party: How the Poll Tax and Thatcher were defeated

triangleThem & Us

triangleEnd cuts - tax the rich

Pay:

trianglePay issues dominate at Unison Health conference

triangleGlasgow and Dundee: All-out strikes demand fair pay

triangleWe can end the housing crisis

India:

triangleFight gender, caste and class oppression!

triangleIndia: resistance will grow after Modi victory

Budget:

triangleNHS funding crisis deepens

Airport:

triangleStanding in line, hoping for work

News and socialist analysis

News and socialist analysis

22/4/15

Austerity

Election: Distorted effect of anger against austerity

22/4/15

Them & Us

Them & Us

22/4/15

Environment

Beyond the Pale - capitalism and the environment

22/4/15

Tax

Tories reassure tax avoiders

22/4/15

Refugees

Fleeing refugees drown in 'Mediterranean cemetery'

22/4/15

Scotland

Labour is facing electoral oblivion in Scotland

22/4/15

NHS

Stop NHS cuts!

15/4/15

Pay

Public sector wage restraint - myth and reality

15/4/15

Low pay

Low pay: Stop subsidising the bosses

15/4/15

Austerity

100% against austerity? Vote TUSC

15/4/15

NHS

NHS is collapsing under a mountain of PFI debt

15/4/15

Trident

Nuclear scrap

15/4/15

Them & Us

Them & Us

15/4/15

Housing

We can end the housing crisis

15/4/15

Labour

Labour - party of cuts

triangleMore News and socialist analysis articles...

triangle23 Apr Wales: Hundreds protest cuts to adult education

TUSC campaigners in Milton Keynes, 18.4.15

triangle22 Apr Election: Distorted effect of anger against austerity

triangle22 Apr Beyond the Pale - capitalism and the environment

Over 1,000 people marched in Leeds on Saturday 28 April in defence of the NHS , photo Iain Dalton

triangle22 Apr Stop NHS cuts!

triangle21 Apr May Day support for jailed labour activists in Iran

triangle18 Apr Global Fast Food Rights day of action

triangle15 Apr We can end the housing crisis

More ...

triangle25 Apr Barking & Dagenham Socialist Party: The European Union - No to the bosses' union

triangle25 Apr Derby TUSC meeting: Why you should vote for TUSC

triangle26 Apr Blackpool: Socialist Party Usdaw conference meeting

triangle26 Apr Bournemouth: NSSN meeting at CWU conference

More ...

Share on Facebook
Share on Twitter
Visit us on Youtube

Find us on Facebook

Archive

Categories

1-9 

1-9 


Archives:

April 2015

March 2015

February 2015

January 2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice