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Showing posts from June, 2014

The living wage failure

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There has been growing talk of paying a living wage: http://www.bbc.co.uk/news/uk-politics-27981975

The concept irks me, businesses voluntarily paying good wages is like businesses volunteering to pay tax. Many millionaires have stated they don't mind paying more tax, just they don't want to pay more then their peers.

The living wage is the same problem, you've either got to make it the national minimum wage or not bother.

Personally I would prefer to see the wage increased so we can do away with Working Tax Credit which is at the end of the day a benefit from the state to the shareholders of low paying companies.