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apparently Coryn dropped the policy, back tracking to a pay ratio, then only applicable to government contracts. that went well then.

so many ifs! it would be wonderful if a company took the savings from high salaries and distributed out to other employees, but reality is that isnt likely to happen. realistically, companies would retain that cash, reinvest it, or distributed to shareholders, maybe it will be taxed elsewhere...

its good to raise debate, but theres no apparent objective, at least not stated. Corbyn says he'd like to see an earnings cap because of wage disparity. he doesnt really flesh out the discussion any more than that, no reasons for it or why its a Good Thing. its simply an article of faith that...

thats rather the point, remove £40bn of tax revenue (~25% of ~£160bn raised), then everyone else is going to have to pay more in tax to cover the short fall (assuming no cuts to spending). look at the raw economics rather than the ideology, taking out all those earnings do not make higher...

never quite sure what advocates think a wage cap will actually achieve. many executives are paid their headline grabing salary and bonus as shares, would this be counted, along with all other loopholes and forms of payments in kind? why do we want to loose the 40% tax? remember over a quarter...