Labour would give tax rebates to firms that pay living wage

[tay]

Ed Miliband vows to tackle the issue of low pay as his 'central mission'


Firms that pay their staff the living wage will be given a tax rebate of up to £1,000 for each worker by the next Labour government, potentially increasing incomes for millions of employees, Ed Miliband pledges today.

In an interview with The Independent on Sunday,, the Labour leader said it would be his government's "central mission" to spread the living wage, currently set at £7.45 an hour, across the country, and among private and public sector employers.

A Labour government would encourage businesses to sign up to "make work pay contracts" within the first year of parliament. In return, for every low-paid worker whose earnings were lifted to the living wage, firms would receive up to £1,000, or an average of £445, for each individual, for 12 months.



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Exclusive: Labour would give tax rebates to firms that pay living wage - UK Politics - UK - The Independent

 

[captain morgan]

So basically, gvt would be subsidizing a 'living wage'.

Why not cut-out the middleman and get gvt to give the cash to the worker?

 

[taxslave]

If governments were not so deep in the pockets of business there would be much more money in the kitty to pay higher wages. What they are offering is like a weeks pay as a credit. What about the other fifty two weeks?

 

[captain morgan]

If governments were not so deep in the pockets of business there would be much more money in the kitty to pay higher wages. What they are offering is like a weeks pay as a credit. What about the other fifty two weeks?

Amazing, eh?

.. And yet, the gvt in addition to certain folks in the entitlement crowd crow-on about how they just aren't doing their bit to act ethically.

 

[petros]

Why tax somebody who will just get a refund anyway. They could use that 30% to live better on every flippin' payday.

 

[captain morgan]

Gotta keep the ranks of the CRA employed and growing

 

[petros]

It certainly doesn't make any sense to tax non-taxable workers. Why tax anybody under 18? At that age hey blow their pay cheques on material goods stimulating the economy.