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CJCRANE

(18,184 posts)

6. But the money still exists.

Reply to dipsydoodle (Reply #5)

Mon Jan 23, 2012, 04:53 PM

Jan 2012

It's not a case of if the CEOs don't get humungous salaries the money disappears.

As I mentioned below, they can pay the workers more or reinvest the money in infrastructure or whatever to keep it moving around in the real economy.

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Highlight:

Top 1% of UK wage-earners pay 25% of all income tax [View all] dipsydoodle Jan 2012 OP

"The rich are getting proportionately richer, and therefore are paying more tax" CJCRANE Jan 2012 #1

Marginal rate is actually 52% dipsydoodle Jan 2012 #3

what do you mean "if their earnings are lowered" ? yodermon Jan 2012 #2

No - there may be separate legislation to control directors salaries and bonuses. dipsydoodle Jan 2012 #5

But the money still exists. CJCRANE Jan 2012 #6

What would actually happen dipsydoodle Jan 2012 #8

"if their earnings are lowered then how is the shortfall made up elsewhere ?" CJCRANE Jan 2012 #4

I wondered how long it be before that came up. dipsydoodle Jan 2012 #7

Workers spend more of their income CJCRANE Jan 2012 #9