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Becasue I'm Worth It?

Becasue I'm Worth It?

Daily Echo: Me, Paul Lewis

Comments (3)

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10:54am Wed 2 Nov 11

peenut81 says...

How refreshing to hear some one from within the business community pointing out the issue that is most set to tear this country apart soon, we are not all in it together. The richest 1% are continuing to live the highlife, and the rest of us appear to be passively accepting the fate of paying for their mistakes and greed, faith in the free market system with 20/30 years of increased taxes and falling living standards. I would like to call the bluff of these people and up the top tax rate to 90% for 3 years and see which worms flee and how many realise that regardless they don't want to leave London for Mumbai, Dubai or Frankfurt.
How refreshing to hear some one from within the business community pointing out the issue that is most set to tear this country apart soon, we are not all in it together. The richest 1% are continuing to live the highlife, and the rest of us appear to be passively accepting the fate of paying for their mistakes and greed, faith in the free market system with 20/30 years of increased taxes and falling living standards. I would like to call the bluff of these people and up the top tax rate to 90% for 3 years and see which worms flee and how many realise that regardless they don't want to leave London for Mumbai, Dubai or Frankfurt. peenut81
  • Score: 0

11:47am Tue 8 Nov 11

MSK says...

Just why the UK has enveloped David Cameron's 'we're in this together' phrase, I don't know.

Not one nation has shared the riches and poors among its people. Even in a communist state, the richest 1% won't be 'in it together' with the people. So why encompass this idealogy in a capitalist country.

As for CEO bonuses, lets not forget that the UK economy isn't really growing. So for a company to grow at all, for the share price to increase (if only marginly above ONS growth figures) the company is doing rather well. People are still in a job aren't they?

In most cases, paying a CEO much less would damage investor confidence and cause the share price to drop, regardless of how well the company performs.
Just why the UK has enveloped David Cameron's 'we're in this together' phrase, I don't know. Not one nation has shared the riches and poors among its people. Even in a communist state, the richest 1% won't be 'in it together' with the people. So why encompass this idealogy in a capitalist country. As for CEO bonuses, lets not forget that the UK economy isn't really growing. So for a company to grow at all, for the share price to increase (if only marginly above ONS growth figures) the company is doing rather well. People are still in a job aren't they? In most cases, paying a CEO much less would damage investor confidence and cause the share price to drop, regardless of how well the company performs. MSK
  • Score: 0

12:02pm Tue 8 Nov 11

peenut81 says...

Msk, you are assuming share price has any basis in facts. It doesn't, the 'markets' for the most part are in physical reality a group of obnoxious Alpha males with massive cocaine habits who are driven solely by money and praise from their peers for being greedy.
Of course no country has reached equality between all its population (yet) but the trend is reversing the progress made at the beginning of the last century.
Msk, you are assuming share price has any basis in facts. It doesn't, the 'markets' for the most part are in physical reality a group of obnoxious Alpha males with massive cocaine habits who are driven solely by money and praise from their peers for being greedy. Of course no country has reached equality between all its population (yet) but the trend is reversing the progress made at the beginning of the last century. peenut81
  • Score: 0

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