Can you believe this?
17 replies
Oneputt replied on 10/09/2016 07:01
replied on 11/09/2016 09:52
Posted on 11/09/2016 09:52
Not too sure about the wages figure......there is a huge discrepency these days between those at the top and those at the bottom - the multiplier of the lowest paid to the highest in a company can now be a huge figure, compared to what it was.
Also, does it include bonuses, share options, pension scheme payments etc? Again, something that is enjoyed by a few and not the majority.
The average may be true, but there are some big winners and losers.
Write your comments here...It seems like I've drawn the short straw as far as that is concerned!
IanH replied on 11/09/2016 10:06
Posted on 11/09/2016 10:06
It was on the news today that some chief executives are paid more in one day than a person working full time on minimum wage gets in a year.
How can that be right?
Banks are currently selling off non-core businesses at hundreds of million pound losses. Would it be those same executives that thought it would be a good idea to buy those businesses?
cyberyacht replied on 11/09/2016 15:08
IanH replied on 11/09/2016 15:47
replied on 30/09/2016 04:37
Posted on 30/09/2016 04:37
It was on the news today that some chief executives are paid more in one day than a person working full time on minimum wage gets in a year.
How can that be right?
Banks are currently selling off non-core businesses at hundreds of million pound losses. Would it be those same executives that thought it would be a good idea to buy those businesses?
Write your comments here...Full-time minimum wage? Chance would be a fine thing! Can't see that happening for delivery drivers!
Spriddler replied on 30/09/2016 18:00
Posted on 30/09/2016 18:00
And yet, in spite of such affluence only around 6% of estates have to pay inheritance tax *.
Which seems to indicate that very many of the posh houses, cars, cruise holidays and other displays of material 'wealth' must have outstanding mortagages, credit or loans, the outstanding balances of which are deducted from the estate's total before I.T. is calculated.
50% of the Gov'ts take in I.T. comes from estates in London and the South East*.
I've been paying expensive experts to minimise my exposure to I.T. and even then I wouldn't have said that (as reported in The Telegraph) I was in the 6% of the most wealthy. Mind you, the really filthy rich have ways of hiding their fortunes
*http://www.telegraph.co.uk/finance/property/house-prices/10652543/Half-of-all-inheritance-tax-paid-in-London-and-the-South-East.html
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