Quote:
Originally Posted by Hugh
So try living through 32% inflation (according to your "rule of thumb"... ).
From an out of touch viewpoint, I calculated that the average salary is £24k, so it is proposed that we pay 99% of the population an extra £31k (on average). According to the latest stats, there are 29.11 million people in work, so we would need to find an extra £893 billion to pay the "99%" an average salary of £55k, like the Tube drivers, with a total wage bill for the "99%" of £1,601 billion.
(the forecast GDP for the UK in 2011 is £1,562 billion).
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It's only numbers though Hugh and we can simply take that money off the top 1% we hear so much about. I mean they'll certainly hang around in the good old UK and pay all those extra taxes just to make them feel better about life won't they.....