To wonder where all the money is going to come from to increase wages?

[girlfriend44]

Genuine question. Re people who are striking for more money.

Where do they think the extra money is going to come from to increase all their wages and how will this keep inflation down?
Can the government really afford to pay everyone more?

So why is the public sector struggling so much to retain peo

It's not just the public sector it's across many industries. We don't have enough workers

I thought most people wanted a European style health care system. We could go German and that’s an extra £2200 per person than our current NHS spending. £2200 times 67.3 million. I think that should cover the NHS pay rises.

This is about where a country should spend its money not about making more money. It’s also about growing an economy rather than shrinking it.

Pay rises are part of a larger move to prioritise work. Giving more money to benefits and pensions sounds nice but does nothing except drive a country into poverty. Giving money to things which promote work- pay, transport, childcare build economies rather than shrink them and reduces the in work benefit bill. It also reduces the number of people who have to work insane hours, live on toast and whom we all eventually pay for in chronic long term health conditions,

However until some political party has the guts to face up to the elephant in the room which is Brexit and rejoin the customs union even if not the EU, the economy is always going to struggle.

The government have given 700 billion pounds since the beginning of covid to basically their rich cronies have a look at Gary's economics on insta.

700 billion pounds is an absolutely insane amount of money that has been practically frittered away on zilch. They have the money they just choose to not too.

All the money on wasted Ppe could give 500k per school

The British governments are a load of crooks and are literally getting away with it in plain sight

Like you don't know?

Yeah, things should be continually shitter for everyone, it's the best way to run things.

@jgw1 as in more progressive taxation?

I don't think high tax is a bad thing as long as everyone feels they benefit. We need far more social housing & childcare subsidies. I wouldn't means test child benefit for example.

Not everyone. Their mates got richer than anyone needs to be while most people got poorer.

The state of this country hasn't happened randomly. The Tories chose to put us all in this position.

They want people to do these jobs then they have to pay them a decent wage. Simple as that.

They have the money. They can find more money. They can certainly use the money that's there. They are choosing not to.

Once again the common man gets angry at the wrong people. Get angry at the people at the top.

And use your next vote wisely. Because we are fucked enough already.

I would happily pay higher taxes if they were actually going to nurses, teachers etc

It's a hard one to stomach when services are being deliberately run into the ground though.

What rate of tax are you thinking for higher earners?

You mean we don't have enough cheap workers.

It will come from people like me who are self employed, struggling with the rising costs of doing business and getting absolutely no pay rise. It will come from my partner who works in the private sector and if getting 5% this year. We'll pay the public sectors cost of living demands with our increased taxes.

This gov hasn't invested in young people or the economy & now that cheap money run has come to an end, the shit has hit the fan. But many people looked the other way cause their house went up by X amount.

@Neededanewuserhandle people have more options now. I won't do that care job, I'll take the supermarket job that pays more. I'll take the IT job in Europe. I take the doctor job in Oz.

They pay agency nurses way more than nhs nurses- if they can afford to do that then why not just pay nurses better and encourage retention?
also the government could actually make companies and their mates who avoid tax pay what they should and it would pay for the entire NHS.

It wouldn’t actually help with the staff shortages though. So you’d have a more expensive workforce and still have the issue of too few workers. So still need to pay agency staff who would still expected to be compensated over and above the baseline wage for their job in return for lack of security.

well, we can make a start by forcing millionaire politicians to pay their taxes in UK.

@MarshaBradyo

I would have it more in line with European countries. However as I said I wouldn't do this without overhauling benefits. We pay higher tax as a family & I don't feel I get "enough back". If I got child benefit or a % of my salary when unemployed I would.

I would also bring CGT in line with income.

What do you think the solution is?

Thank god my parents were immigrants so my dc have an easier time of moving abroad. It's depressing but i'm not sure how they will fix things.

One solution would be to take some of the often generous pension benefits and pay it now. So some of the current employee contributions could come as pay instead. Of course, there would be an issue of future pension funds not being as large if you did this, but you could argue that a public servant with a young family needs the money now.

Tax unearned income at the same rate as earned income - that would more than cover it!

I think your lack of understanding of economics might mean that you're not going to understand the answers on here.

But perhaps you could think of it in terms of where did the government find the money from for:
failed PPE contracts (worth billions);
failed track and trace (worth billions);
MPs' expenses scandal (hundreds of thousands);
failed PM press briefing room similar to US President (almost £3million)

Tax unearned income at the same rate as earned income - that would more than cover it!

People won't vote for that though!

Controversial but I’m a public servant (office role) and would take a pay cut to WFH. Maybe that’d save the govt a few hundred million if all that could opted for a pay cut to do so. Then pay nurses teachers etc what this brings in.

I’m just guessing at 55% to 60%? Not sure what it is exactly

I don’t think higher taxes are the answer, people are mobile and we have an economy that relies on being attractive wrt taxes

They’re not low in any case but mid level and we should stick to that

re solutions other than taxing people highly I would have liked a party to run on CU or SM but that’s out. Even Labour don’t want to rock the Brexit vote.

Other than that become more attractive via taxes, don’t try to cut what we do well by adding more tax, but use high GDP sectors to grow others. Bit hard without information but I do think there’s a way through this that’s not just higher tax based.