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:

triangleLocal government pay: Reject employers' proposal

triangleWorkplace news in brief

triangleCroydon leisure centre strike for decent wages

triangleCare UK: 'We'll fight them all the way'

triangleNHS workers vote to strike

Tax:

triangleTax evasion spirals to over 80bn a year

triangleThem & Us

triangleThomas Piketty: The new Marx?

triangleTax dodgers feel the heat

Pay:

triangleThem & Us

triangleUnited strike action can win

triangleCivil servants to strike on 15 October

India:

triangleIndia: resistance will grow after Modi victory

triangleIndia: massive election process could end in turmoil

Budget:

triangleA day in the life of a supermarket worker

Airport:

triangleWorkplace news in brief

News and socialist analysis

News and socialist analysis

26/9/14

Government

Local government pay: Reject employers' proposal

24/9/14

Scotland

1.6 million vote Yes in revolt against austerity

24/9/14

Climate change

Climate change: Summit for nothing

24/9/14

Labour

Labour to continue austerity offensive

24/9/14

Working class

After Scotland revolt: all capitalist parties in crisis

24/9/14

Local government

United strike action can win

24/9/14

Minimum wage

We need 10 an hour now!

23/9/14

Scotland

Scotland's referendum: A working-class revolt

19/9/14

Scotland

1.6 million vote Yes in a working class revolt against austerity

17/9/14

NHS

Keep hospital services in the NHS

17/9/14

Minimum wage

10 NOW!

17/9/14

Socialist Students

Students: fight to end austerity and capitalism

17/9/14

Scotland

Step up fight against Tories

17/9/14

Them & Us

Them & Us

16/9/14

Britain

"Britain will never be the same again"

triangleMore News and socialist analysis articles...

triangle30 Sep Hong Kong: Massive anti-government protests after attempted police...

Professor Anu Mohammad, Member Secretary, Committee to protect oil gas and mineral resources in bangladesh, photo Socialist Party

triangle29 Sep Stop corporate plunder of the energy sector in Bangladesh

triangle26 Sep Local government pay: Reject employers' proposal

Hackney council workers striking for better pay on 10 July 2014, photo Paul Mattsson

triangle24 Sep United strike action can win

triangle24 Sep We need 10 an hour now!

triangle24 Sep Hunger for socialist ideas in Scotland post-referendum

triangle23 Sep Scotland's referendum: A working-class revolt

More ...

triangle30 Sep Bradford Socialist Party: Britain after the Scottish independence referendum

triangle30 Sep Birmingham South East Socialist Party: A brief history of the British trade unions

triangle1 Oct Kingston Socialist Party & Socialist Students: Scotland after the independence referendum

triangle1 Oct Salford Socialist Party: Reclaim the Game - Capitalism, Football and the Premier League

More ...

Share on Facebook
Share on Twitter
Visit us on Youtube

Find us on Facebook

Archive

Categories

1-9 

1-9 


Archives:

September 2014

August 2014

July 2014

June 2014

May 2014

April 2014

March 2014

February 2014

January 2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice