Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://www.socialistparty.org.uk/issue/745/15791

From The Socialist newspaper, 5 December 2012

Them & Us

Hot air from Starbucks...

The ever-generous Starbucks has agreed to carry out a review of whether it maybe possible, at some point, to pay a little more tax.

The main reason being that the company recognises the fury their customers feel at multi-billion Starbucks avoiding its tax bill while they're struggling to get by.

Yet they still claim they are paying the right amount. Funny that they might decide to pay more then.

It seems they've thought of other ways to scrimp and save though - 7,000 of the companies' staff have been forced to sign new contracts including cuts to paid lunch breaks, sick leave and maternity benefits.

...and the politicians

Eyebrows must be raised when George 'the slasher' Osborne says he's going to cut down on tax avoidance by rich individuals and wealthy multinationals.

On average, each Revenue and Customs (HMRC) tax inspector brings in 600,000 a year. Fat cat tax dodgers use complex schemes developed by greasy palmed accountants to avoid paying tax on their lavish profits.

Osborne's latest fool proof plan applies the same logic as his scorched earth cuts agenda. HMRC will have 10,000 of its jobs cut by 2015, unless we stand up and fight against it.

Ian Pattison

Wealth gap

A report by the Office for National Statistics has further shown the concentration of wealth in society.

The richest 10% of the population in Britain own 40% of the wealth. They are 850 times as rich as the poorest 10%.

The bottom 50% of households have just 4,400 of cash, property and pensions compared to the 1.2 million held by the top 10%.

But the biggest gap between rich and poor is in pensions savings - the top 10% have pension savings averaging 742,000 - compared to just 4,000 savings for the poorest 50%.

Financially stretched

A poll by the Which? consumer organisation has shown what was already becoming clear. Millions of people are financially struggling. 10% have defaulted on a loan, credit card or housing payment. 1.5 million households have had to use unplanned overdrafts or pay day loans.

With Osborne promising more cuts in his spending review and admitting that the attacks will continue into the foreseeable future, only more people will be pushed to breaking point.

Student suicides

Huge debt from extortionate fees, crippling housing costs, high graduate unemployment, cuts to courses and less and less contact time with lecturers.

It's depressingly understandable that between 2007 and 2011, as the economic crisis bit, student suicides rose by 36% among male students and almost doubled among female students.

The pressure of juggling university work with part-time work to get by, all the while fighting to maintain decent grades to make your thousands of pounds of debt worth it, mean that for the majority of students 'university' means depression and stress.

Gone is the ideal of university being about learning, life experience and finding meaningful employment.

Suzanne Beishon

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


In The Socialist 5 December 2012:


 

Home   |   The Socialist 5 December 2012   |   Join the Socialist Party

Subscribe   |   Donate   |   PDF  




Related links:

Starbucks:

triangleThe corporate welfare state

triangleUS: How Seattle won a $15 minimum wage

triangleThem & Us

triangleSick of Your Boss gets going in London

triangle'Sick of your boss?' activists target Starbucks

US:

triangleThe Socialist inbox

triangleYour newspaper fights with you: help fund it with May Day greetings

triangleVietnam War: 50 years since the Tet Offensive

triangleVictory! Trump's UK visit cancelled by fear of protests

Tax:

triangleCardiff East Socialist Party: How we beat the Poll Tax

triangleTurn Carillion crisis into movement against privatisation and capitalism

triangleCardiff West Socialist Party: How the Poll Tax was beaten

Cuts:

triangleBradford protests against kids' service cuts

triangleVictory: Pontllanfraith leisure centre saved

Rich:

triangleMajority of kids poor in some areas

Pay:

triangleGerman engineering strike puts shorter week on agenda - but could have won more

News and socialist analysis

News and socialist analysis

21/2/18

TUSC

Outrageous sentence for TUSC agent in 'misleading electors' court case

21/2/18

Tamil Solidarity

Facebook sides with state repression - reinstate the Tamil Solidarity page

21/2/18

Students

How can students and young people fight the Tories?

21/2/18

Northern Ireland

Northern Ireland talks process paralysed

21/2/18

UKIP

Like rats from a sinking Ukip

21/2/18

Newham

Blairite mayor faces open election after democratic 'irregularities' - fight for a no-cuts mayor

21/2/18

NHS

Tories raid 1bn from NHS facilities budget - unions must act

19/2/18

Election

Usdaw victory - Socialist Party member Amy Murphy wins presidential election

14/2/18

Tamil Solidarity

Tamil youth march for justice

14/2/18

Foreign Aid

Oxfam scandal: we need democratic aid and working class solidarity

14/2/18

TUSC

Building support for Corbyn's anti-cuts policies in the local elections

14/2/18

EU

What we saw: Tory-Blairite EU love-in

14/2/18

Rents

Rent doubles in a decade: cap rents, build council homes!

14/2/18

Public ownership

McDonnell says Labour would put services 'irreversibly' in workers' hands

14/2/18

NHS

We can win the fight for the NHS

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: 0191 421 6230

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


February 2018

January 2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999