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Julie1962
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16-01-2016, 12:18 PM
1

Jeremy Corbyn brilliant idea !

Jeremy Corbyn Wants To Ban Companies Paying Dividends Unless They Pay Workers Living Wage
http://www.huffingtonpost.co.uk/2016...n_8997120.html
Browbeaten
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16-01-2016, 01:12 PM
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Re: Jeremy Corbyn brilliant idea !

That depends on two crucial points.
One that he manages to win an election, and even that depends on his staying as leader and fending off dissenting back stabbers in his own party.
Secondly that he practices as he preaches, which, for a politician ................
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16-01-2016, 01:16 PM
3

Re: Jeremy Corbyn brilliant idea !

He will, he will!
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16-01-2016, 01:24 PM
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Re: Jeremy Corbyn brilliant idea !

Its a great idea but companies will find a way around it, they'll still pay dividends but call it by another name
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16-01-2016, 01:25 PM
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Re: Jeremy Corbyn brilliant idea !

He will not they never keep their word.☺
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16-01-2016, 01:46 PM
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Re: Jeremy Corbyn brilliant idea !

Give the man a chance Doc he's only been in office five minutes.
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16-01-2016, 01:49 PM
7

Re: Jeremy Corbyn brilliant idea !

Originally Posted by Julie1962 ->
Jeremy Corbyn Wants To Ban Companies Paying Dividends Unless They Pay Workers Living Wage
http://www.huffingtonpost.co.uk/2016...n_8997120.html
Read the link and it seems he has not stated this yet.

Be interesting to see the reaction when and if he does.
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16-01-2016, 02:04 PM
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Re: Jeremy Corbyn brilliant idea !

Hi

A totally nonsensical idea.

The big low payers and tax avoiders are not registered here, they are registered abroad.

He could only stop companies paying dividends if they are listed on the London Stock Exchange, he has no control at all over companies which are listed abroad.

All that will happen is that Companies will delist in London and list in France, Germany, Holland etc, causing tens of thousands of job loses and billions in lost Corporation Tax.

A far simpler, and much more effective way of dealing with Low Pay, which we are subsidising with Benefits would be to abolish Zero Hours Contracts and increase the Minimum Wage to the Living Wage.
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16-01-2016, 04:40 PM
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Re: Jeremy Corbyn brilliant idea !

And who is going to invest in companies that don't pay dividends? It might backfire by causing companies to disappear.
Julie1962
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16-01-2016, 04:43 PM
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Re: Jeremy Corbyn brilliant idea !

Originally Posted by orangutan ->
And who is going to invest in companies that don't pay dividends? It might backfire by causing companies to disappear.
If they can't pay decent wages would we miss them ? The tax credits propping them up would easily pay unemployment benefit for anyone loosing a job.
 
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