Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://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


 

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

Subscribe   |   Donate   |   PDF  




Related links:

Strike:

triangleBromley library workers win strike campaign

triangleUCU members vote to end pensions dispute

triangleBromley libraries - indefinite strike action continues

triangleFCC Wilmington refuse workers' strike in hull stands firm

triangleMcStrike: ballot for strike action at six McDonald's stores

Tax:

triangleBristol South Socialist Party: The battle that defeated the Poll Tax

triangleCaerphilly & RCT Socialist Party: The fight against the poll tax

triangleCardiff East Socialist Party: How we beat the Poll Tax

triangleTurn Carillion crisis into movement against privatisation and capitalism

Pay:

triangleUsdaw conference 2018: time for new era of fighting trade unionism

triangleLeeds Socialist Party: The fight against zero-hour contracts and low pay

triangleGender pay gap figures show need for trade union action

India:

triangleCapitalism v cricket

triangleTamil Solidarity and Refugee Rights activists meeting

Budget:

triangleSwansea Labour council votes for cuts

Airport:

triangleThe Socialist inbox

News and socialist analysis

News and socialist analysis

18/4/18

Racism

Enoch Powell's racist 'Rivers of Blood' rant 50 years on

18/4/18

Them & Us

Them & Us

18/4/18

Super-rich

Billions for the bosses, benefit cuts for us

18/4/18

NHS

1,400 beds empty as patients lay in corridors: health unions must act now

18/4/18

Housing

Young people need homes

18/4/18

Labour

For a fighting, democratic Labour Party

11/4/18

EU

A socialist approach to Corbyn and a customs union

11/4/18

Child poverty

Child poverty to hit 5m by 2021 - strikes can stop the cuts

11/4/18

Equal pay

Gender pay gap figures show need for trade union action

10/4/18

Young people

Alienation and austerity behind London deaths - fight for socialism

4/4/18

Labour

Fight the Tory enemy

4/4/18

Northern Ireland

Northern Ireland: peace process on the brink

4/4/18

Brexit

Right-wing Vote Leave campaign may have broken spending laws

4/4/18

Retail

Retail crunch: even giants not immune as 21,000 jobs disappear

4/4/18

Elections

End the housing crisis! We can't wait till 2022!

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 0798 202 1969

East Mids: 0773 797 8057

London: 020 8988 8786

North East: 0784 114 4890

North West 07769 611 320

South East: 020 8988 8777

South West: 07759 796 478

Southern: 07833 681910

Wales: 07935 391 947

West Mids: 02476 555 620

Yorkshire: 0114 264 6551

ABOUT US

ARCHIVE

Alphabetical listing


April 2018

March 2018

February 2018

January 2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999