Thursday 4 June 2009

To Cap It All

Three cheers for Paddy Tipping MP, who has called for a maximum wage, perhaps at the Prime Minister's salary. After all, if they can do it America. Like so many things these days. Get out of that one. I bet you can't.

Furthermore, no company should be permitted to pay any of its employees more than ten times what it pays any of its other employees, with the whole public sector (including, of course, the Prime Minister) functioning as a single entity for this purpose, and with its median wage fixed at the median wage in the private sector.

What's that you say? The people at the top are "mobile", and pay a lot of income tax they pay?

Where would they go? Where would take them in at the moment? There would be politically serious calls to deny them entry to many countries. Anyway, they are not really "mobile" at all. The ones here are almost always either British or Irish. They only want to live in one of two cities on earth. And they don't want to live in New York in America's current pitchfork mood.

And as for income tax, they don't pay it.

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