Quote:
Originally Posted by John F What do you class as a low wage? Anyone working fulltime (37.5h) on nmw will be paying income tax and ni. If they have a family they will get child tax credit & working tax credit.
They may also be entitled to help with their housing cost's and council tax. Is it any wonder we have whole families looking at what they would be left with after paying bill's etc and deciding not to work. |
They would only be paying a small amount of tax as they would not be that far over the threshold.
So someone full time on minimum wage might also get tax credits, housing benefits and council tax benefits?
Sounds like if they are still worse off than someone on benefits that the benefits are too high...
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Originally Posted by John F What bugs me as much as this is, because a lot of the UK's largest firm's are paying nmw or just above we are not only subsidising working people we are also subsidising these large firms and their shareholders. |
Unfortunately for many people the cost of employing them is higher than the value they add, when they are paid minimum wage.
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Originally Posted by John F I would rather than these firms payed their workers a sensible liveable wage and payed less tax than the way we do it now. But we all know this will never happen. |
Which came first, the chicken or the egg....?
If benefits weren't so high then taxes could be reduced and then maybe it would be much easier to employ people on low wages at a 'sensible liveable wage', whatever that means.....

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