Link to this page: https://www.socialistparty.org.uk/issue/311/11682
From The Socialist newspaper, 9 August 2003
Rich Pay Less, We Pay More
ACCORDING TO the Office of National Statistics, the value of the average pay cheque fell by 1.3% in the year up to April. Years of slower growth took some money off some workers and destroyed the jobs of others.
The relentless attack of big business on wages was another factor in this fall - low pay rises in the private sector mean that private sector workers' average pay had gone down by 1.9%.
But one major reason why workers' pay has been declining was that National Insurance (NI) contributions were increased by £8 billion in April. Brown's raising of National Insurance - a regressive form of taxation which is capped on earnings above £600 a week, making sure the rich pay less - is a typical New Labour policy.
Labour run a grossly unequal tax system, which hits the poorest hardest. Now the richest 20% of households pay a total tax bill of only 34.2% of their incomes while the lowest-income groups stump up 41.7% in tax.
Now it's hitting real incomes hard.
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Coronavirus crisis - Finance appeal
The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.
The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.
The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.
- The Socialist Party's material is more vital than ever, so we can continue to report from workers who are fighting for better health and safety measures, against layoffs, for adequate staffing levels, etc.
- Our 'fighting coronavirus workers' charter', outlines a programme to combat the virus and protect workers' living conditions.
- When the health crisis subsides, we must be ready for the stormy events ahead and the need to arm workers' movements with a socialist programme - one which puts the health and needs of humanity before the profits of a few.
Inevitably, during the crisis we have not been able to sell the Socialist and raise funds in the ways we normally would.
We therefore urgently appeal to all our viewers to donate to our special coronavirus appeal.
In The Socialist 9 August 2003:
Blair: Not Wanted
Workers Win Against BA Bullies
End Fat Cat Rule
Postal Workers Fight Back
Stop The Card Sharks In Sheffield!
Rich Pay Less, We Pay More
Stagecoach Devon bus workers: Fighting To Win
Labour party officer quits and joins Socialist Party
Blair's Web Of Deceit Continues To Unravel
Towards A New Left Party In Wales?
Bosses' Attacks Meet Shopfloor Anger
Socialist Party National trade Union meeting
Israeli/Palestinian conflict: Coming Unstuck - George Bush's Peace Plan
The Socialist 9 August 2003 |
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