Nice Username wrote:And if the company isn't making a profit in that financial year? Why bother changing it all around when you could have that money guaranteed in income tax? It literally makes no sense.
Corbyn is backtracking on it anyway. He just said it would be 'voluntary' - can see that being hugely popular.
All of this is irrelevant of course, you know that deep down.
I'm happy to have no wage cap if you want to implement an income tax rate of say 99 or 100% above that £1m level, or whatever is agreed upon. That works for me too. I guess we'll have to agree to disagree on this one, for a change. Inequality is a massive issue as far as I'm concerned, I'm not going to be convinced otherwise. I know you're not a massive leftie but I thought you would think so too.
Got a link for where Jezza has now said this is going to be voluntary? That's an interesting development on the days events.