peteblue
Welcome back Wayne
It all gets taken out of their companies in corporation tax and given to the public sector......
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It all gets taken out of their companies in corporation tax and given to the public sector......
Sure I read something earlier in the year about the UK being the largest enabler of corporation tax avoidance in the world.
Correct but they employ thousands of people (on probably minimum wage or zeeo hours) so we ahould let them carry on
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www.google.com
So instead of forcing huge private corporations to pay proper living wages and excellent T&C's, lets punish the public sector workers, who by the way dont get massive wages and 'gold plated pensions' unless your in a very senior grade which is the 1%.
You chat some unbelievable wham
peteblue
Welcome back Wayne
do you work in the public sector ?.....
Not now but I used to.
Not sure many of the most valuable companies in the world are going to be hiring minimum wage people to be honest. Google, Microsoft, Apple et al didn't get to where they are by hiring low-skilled people. Amazon you could argue in their fulfilment and delivery divisions, but even with them, most of their profits come from the cloud computing bit of the business, which won't have minimum wage people in it.
Disgruntledgoat
Player Valuation: £50m
Sure it does, that's why companies like Google have their European operations based in London. They just love paying tax.
abelard
Player Valuation: £35m
But of course they have the same enormous demand for low-wage low-skill workers than any other large firm does.
And like any other large firm these days, they mostly hire these from third parties on short term contracts for the minimum wage (or less, in practice), with no benefits and no recourse.
Disgruntledgoat
Player Valuation: £50m
I've been having this argument with my manager the last 4 weeks. Our targets are completely unobtainable, pie in the sky nonsense designed to make the shareholders feel good. We'll make a profit but we won't make as much as the shareholders want. So he's screaming about "Losing money" and how we need to lay people off to hit targets (targets for shareholders to get a dividend and him to get a bonus, I imagine). We're not losing money, we're just not making as much as last year! So we're going to put people out of work for the sake of his bonus .
There's a reason people in the private sector have worse working conditions, it's run by psychopaths for the benefit of people who don't have to go to work.
Still, 6 more months and I can try and escape again.
Who does? Google are hiring low-skilled workers? Facebook? Apple?
Disgruntledgoat
Player Valuation: £50m
But somebody is making the food in the canteen (google has a canteen, I've been), doing data input, cleaning, maintaining the building services etc etc. And it ain't software developers.
abelard
Player Valuation: £35m
All of them. Who cleans the floors? Who answers the phones? Who enters the data? Who watches the security cams?
Thousands and thousands of people, just like at any other firm. But none of them hired 'directly'.
Corporation tax rates have actually dropped from over 30% about a decade ago to 19% now and falling further. The UK actually has lower rates than pretty much every other major economy. We also pretty much exempt all investment income for companies as well (most dividends and sale of shares in trading companies). UK companies are not over taxed from CT.
The UK system is all designed about protecting the UK tax base. If you aren’t taking tax away from the Treasury, we don’t really care. So in enabling avoidance it will be avoidance in other countries.
We could really help reduce global tax avoidance if we looked at the impact globally rather then just what effects the UK.
Of course. I've no idea what a chef earns, but you'd hope it wasn't minimum wage. The data industry that labels and classifies images for AI training to occur is undoubtedly a disgrace in many ways, but to the best of my knowledge, the vast majority of that work is done in very low wage countries rather than in the UK/US. With the building management stuff, that will, as you say, be contracted out to the firm that manages the property (assuming it's a sell and lease back arrangement). Even that's no guarantee of poor conditions however. The average wage for a cleaner at a WeWork is roughly twice the US minimum wage, for instance.
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