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Old 01-12-2017, 09:35 AM #42
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The Slim Reaper The Slim Reaper is offline
Deny, Defend, Depose.
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Quote:
Originally Posted by bitontheslide View Post
Corbyn doesn't seem to have grasped that the banks generating the income is what pays for the nurses etc salaries in the first place. This is where labour fall flat on their face. They have no concept that incentivising through bonuses etc creates wealth and encourages people to work harder rather than creating the expectation that everyone deserves everything handed to them on a plate
Can you explain how this economic model works out?

Nurses and all other public sector workers are paid for by tax revenue, which is what every person earning income in the country is responsible for. Banks and corporations involve themselves in (often nefarious) tax avoidance schemes by hiding their money away from the tax man.

Banker bonuses don't encourage anyone to work harder for the good of society, and these people will also campaign, moan, and complain about the taxes they do have to pay. Is it just a coincidence that these same people make generous donations to political parties to encourage legislation that benefits them?

After the 2008 global financial collapse, which was caused by banks, all of the banking ceo's received their bonuses that year and ever since.

The premise of your post is not only incorrect, it's willfully ignorant.
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Last edited by The Slim Reaper; 01-12-2017 at 09:39 AM.
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