State-subsidised corporate super-profits

[sharrowman]

Today I have read two interesting articles on the same subject

 

http://www.independent.co.uk/opinion/commentators/mark-donne-shelfstackers-arent-the-only-victims-6291436.html

 

http://www.guardian.co.uk/commentisfree/2012/jan/18/pays-tesco-ceo-wages-we-do

 

I think the authors have a point, that is, that tax credits and other 'in work benefits' constitute a subsidy for corporate profit. There is a link here with the venomous spouting over that young lady who complained about her poundland experience. Trickle up economics.

[sharrowman]

Another sterling effort at the forum's most popular thread.

 

Airline fuel subsidies do they fall into the same category? Those who don't fly still pay for fuel through their taxes, effectively subsidising frequent flyers.

[Anna B]

Today I have read two interesting articles on the same subject

 

http://www.independent.co.uk/opinion/commentators/mark-donne-shelfstackers-arent-the-only-victims-6291436.html

 

http://www.guardian.co.uk/commentisfree/2012/jan/18/pays-tesco-ceo-wages-we-do

 

I think the authors have a point, that is, that tax credits and other 'in work benefits' constitute a subsidy for corporate profit. There is a link here with the venomous spouting over that young lady who complained about her poundland experience. Trickle up economics.

 

Yes indeed.

 

I think you'll find this is another issue which has been long highlighted by Occupy, which is at last reaching the public's psyche.

 

It is the responsibility of employers to pay a decent living wage for a person's labour, not for said labour to be subsidised by the taxpayer, but getting that simple message across is amazingly difficult, hence the surprising number of posters on here who want to see the minimum wage cut etc.