Paul S

2.3K posts

Paul S

Paul S

@PSilk1

Just looking

เข้าร่วม Eylül 2013
91 กำลังติดตาม36 ผู้ติดตาม
Paul S
Paul S@PSilk1·
@Byromew @scott37johnston @tobyg2026 @PolitlcsUK How far do you think that goes in companies that pay their CEOs in millions? They usually have 10,000s of employees for example Tesco - stop paying the CEO his £8m and the other 333,000 get 50p a week each
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Bryomew
Bryomew@Byromew·
Not really. If they wanted to pay the boss 10m as a salary but can "only" pay him £5m, that leaves £5m that the business hasn't spent because they cant. They can use that money to boost employees wages and also the bosses to use up that remainng £5m. Yes, he wont get £10m, he may get £8m but that extra £2m can be used to increase the employees salaries WITHOUT having to increase prices.
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Politics UK
Politics UK@PolitlcsUK·
🚨 NEW: 65% of Brits support the Green Party's policy of capping CEO pay at ten times the pay of the lowest paid employee
Politics UK tweet media
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Paul S
Paul S@PSilk1·
@RoseEdmunds @annaroseridgway Retirement planning can be difficult when the government keeps moving the goalposts. Brown destroyed private pensions so now I'll work longer and pay much more for less in retirement and now lets take state pension off people who have tried to save (but give to those who didn't)
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Rose Edmunds
Rose Edmunds@RoseEdmunds·
@annaroseridgway It will certainly ruffle feathers and cause howls of outrage! Of course some people simply never earn enough to save or buy a house and they should be supported. But I feel many on here have simply not prioritised retirement planning.
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Anna Ridgway
Anna Ridgway@annaroseridgway·
This is probably going to ruffle some feathers but it has to be pointed out. Living a “comfortable life” or a “nice life” is not a human right. The state should not be required to ensure that you don’t have to sell your house or that you can afford comforts. £12,500 alone is not enough to live a comfortable life - but I think it is more than enough to survive. If you want to have a comfortable life in retirement, sell your house, earn some extra income, or save money before you retire.
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Paul S
Paul S@PSilk1·
@annaroseridgway @BidSurreal I think telling old people to sell all their possessions and home to live in a £100 p/w single room eking out a miserable existence until they die is somewhat more weird
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Paul S
Paul S@PSilk1·
@BidSurreal @annaroseridgway I think Anna is positively salivating at the possibility of old people being compulsory euthanised so she can have their house and savings and not pay any tax towards pensions whilst completely forgetting that, while it may be a way off, she too will get old
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Paul S
Paul S@PSilk1·
@annaroseridgway Yet your argument is to penalise those that saved and invested to have something more than a meagre existence and give to those who didn't. Not thinking this one through are you?
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Anna Ridgway
Anna Ridgway@annaroseridgway·
There is a strange consensus amongst a large group of pensioners on twitter who think “personal responsibility” only applies everyone else except old people who have had 50 odd years to save and invest.
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Paul S
Paul S@PSilk1·
@FullFridge2 @commontruth_ @todd_jak And the main issue with communism is that we thrive on incentives and communism removes that - why do a challenging or responsible job or study to become a doctor or engineer when there is no reward in doing so
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Dart Rippington
Dart Rippington@FullFridge2·
@commontruth_ @todd_jak "BUT AT LEAST IT WOULD BE FAIRER" Seems their ultimate goal is just that everyone is paid the same, so basically communism. And when people want to leave they will have to force them to stay or face an epic collapse.
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jak 🎞️
jak 🎞️@todd_jak·
the 10:1 thing is funny because the lowest amount any CEO could be on is like £250,000 a year which yes is an obscene amount of money for anyone, so everyone should get a fucking grip about it as a policy
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Paul S
Paul S@PSilk1·
@annaroseridgway Big and bloated? It is one of the worst pensions in Europe and amounts to around half the minimum wage equivalent. You want to remove it from people who have spent a lifetime paying tax and NI yet still give it to those who have contributed nothing
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Anna Ridgway
Anna Ridgway@annaroseridgway·
New policy proposal… If you want to receive a big bloated triple-locked state pension, fine. But you then lose the right to oppose new development in your area. I think that is a good compromise!
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Paul S
Paul S@PSilk1·
@Davidpr52119342 @confidencenac A single person with the same housing costs on £21k net minimum wage would get another £56 per week bringing their annual income to c£24k per year
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Paul S
Paul S@PSilk1·
@Davidpr52119342 @confidencenac Her calculation is solely based on someone paying £800 a month in rent getting that paid in full. For people that aren't paying rent because they might own their home even if it is modest, then that doesn't apply therefore deduct £181.64 per week from her figures.
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Paul S
Paul S@PSilk1·
@Davidpr52119342 @confidencenac a property that you own (and have to repair, insure and maintain) is equivalent to having a further income of £12k per annum to get to her magical £24k a year figure
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Paul S
Paul S@PSilk1·
@Davidpr52119342 @confidencenac So out of that list, many people on the basic state pension might at best get some money off their council tax and a WFA allowance of £200 - whilst it is more than just the state pension, it doesn't come to £24k as Cates is claiming. She is trying to claim not paying rent on 1/2
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Paul S
Paul S@PSilk1·
@tomhfh Yeah let's listen to a backstabbing coke head collecting his non contributory MP payoff and pension and £350 a day tax free for turning up bbc.co.uk/news/uk-politi…
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Paul S
Paul S@PSilk1·
@KathyParr101 Apparently believes if you own your home that's equivalent to getting another 13k in income too
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Paul S
Paul S@PSilk1·
@pulpy_fiction @AlexTurlais How much do you think they'd get paid more? If the CEO of Tesco didn't get paid at all and his salary was shared out, the rest of the staff would get 50p per week (before tax)
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kate ✨
kate ✨@pulpy_fiction·
@AlexTurlais if the lowest paid employees get paid more they’ll pay more tax and rely less on taxpayer funded services. also still corporate tax, tax on dividends/withdrawals, tax on investment income (which is a far greater source of wealth than income), etc
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Paul S
Paul S@PSilk1·
@sp4rkl3jumpr0p3 The effects of wage compression are already being felt - people refusing additional responsibility as it pays little extra so this is wage compression on steroids. By the way, if Tesco stopped paying the CEO completely, the rest of the staff would get 50p per week
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Paul S
Paul S@PSilk1·
@Bloatee1 @John_Stepek that they will get something that is better in return for the negative effects and disruption during construction which would speed up planning and be beneficial all round
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Paul S
Paul S@PSilk1·
@Bloatee1 @John_Stepek harder to get school places etc. That diminishment leads to planning objections and nimbyism and all too often the promised improvements, such as they are, are never delivered and never enforced. Surely the planning gains should be delivered up front so people can see 2/-
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Paul S
Paul S@PSilk1·
@maxcownie_ If Tesco stopped paying their CEO and gave it to the workers, they'd all end up with 50p a week.
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Paul S
Paul S@PSilk1·
@miriam_cates @mariacaulfield So if you're on a low income as a renter - working or not, you may well get housing benefit or UC to pay that rent. Classing something as an income like that is a fatuous argument - now add in costs such as maintenance, repairs and insurance not paid by renters
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Miriam Cates
Miriam Cates@miriam_cates·
But if you own your own home you’re nearly £10 000 a year better off than someone who rents at £800 a month. And that £10K is an after tax expenditure, so represents around £13K of earned income. So a state pension of £12 500 for someone who owns their property is equivalent to a £25K salary for someone who rents. And £25K is above the minimum wage.
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Miriam Cates
Miriam Cates@miriam_cates·
It absolutely is impossible to live on £12 500 a year. That’s why those whose only source of income is the state pension (just 15% of pensioners) are also entitled to a whole host of other benefits that raise their income to that of a full time worker. See here: x.com/miriam_cates/s…
Maria Caulfield CBE@mariacaulfield

@BBCNewsnight @miriam_cates That’s right tackle the easy pickings of pensioners with no other source of income and leave the explosion in those claiming UC, PIP etc . Many of these people only know wealthy pensioners, in the real world living on £12,500 is impossible

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