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Labour to tax bonuses to fund jobs for young people
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=21547
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Author:  pcernie [ Mon Mar 10, 2014 3:15 pm ]
Post subject:  Labour to tax bonuses to fund jobs for young people

http://www.theguardian.com/politics/201 ... jobs-young

Define 'starter job'.

Author:  TheFrenchun [ Mon Mar 10, 2014 4:12 pm ]
Post subject:  Re: Labour to tax bonuses to fund jobs for young people

pcernie wrote:
http://www.theguardian.com/politics/2014/mar/10/labour-tax-balls-bonuses-jobs-young

Define 'starter job'.

If it's the same than "affordable housing" it's around 50k no?

Author:  bobbdobbs [ Mon Mar 10, 2014 4:23 pm ]
Post subject:  Re: Labour to tax bonuses to fund jobs for young people

So they get a job for six months and employers get a subsidised employee. Then the subsidy runs out.

Can anyone see what can wrong with this?

Author:  jonbwfc [ Mon Mar 10, 2014 4:37 pm ]
Post subject:  Re: Labour to tax bonuses to fund jobs for young people

There have been a variety of schemes along a similar idea over the last ten years or so. Some of them have worked really well - one in Wales reported 80% of the people who went through it then found permanent employment - and some of them have been, to put it bluntly, worse that useless. It stands a chance of doing some good.

Author:  l3v1ck [ Mon Mar 10, 2014 5:12 pm ]
Post subject:  Re: Labour to tax bonuses to fund jobs for young people

Isn't that the way taxes work in general. People pay tax on their wages (inc bonuses) then the government spends them? Hardly news.

Author:  Amnesia10 [ Mon Mar 10, 2014 7:46 pm ]
Post subject:  Re: Labour to tax bonuses to fund jobs for young people

jonbwfc wrote:
and some of them have been, to put it bluntly, worse that useless. It stands a chance of doing some good.

Wasn't there one recently that was less effective than actually doing nothing at all?

Author:  jonbwfc [ Mon Mar 10, 2014 8:24 pm ]
Post subject:  Re: Labour to tax bonuses to fund jobs for young people

Amnesia10 wrote:
jonbwfc wrote:
and some of them have been, to put it bluntly, worse that useless. It stands a chance of doing some good.

Wasn't there one recently that was less effective than actually doing nothing at all?

There've been a couple that have managed minimal success rates while costing the tax payer significantly more than the benefit payments that would have been paid in the period. IDS's workfare scheme for one, which by any objective measure is a woeful failure.

Author:  Amnesia10 [ Tue Mar 11, 2014 8:44 am ]
Post subject:  Re: Labour to tax bonuses to fund jobs for young people

An actual jobs program is fine but trying to fund it from a specific tax will only encourage those who might be hit by it to do what they can to avoid it legally.

Author:  paulzolo [ Tue Mar 11, 2014 9:40 am ]
Post subject:  Re: Labour to tax bonuses to fund jobs for young people

bobbdobbs wrote:
So they get a job for six months and employers get a subsidised employee. Then the subsidy runs out.

Can anyone see what can wrong with this?


It’s like workfare then - a revolving door of cash and people needing training, usually from the start.

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