Merryn's Blog

Everyone should pay more - except me

When it comes to public spending, it's not surprising that everyone wants the burden of paying for it to fall on somebody else.

A fascinating little row has kicked off in the blogosphere between right wing commentator Guido Fawkes and freelance journalist, activist and feminist writer Laurie Penny.

Penny is advertising for a researcher to be paid £500 for "about 85 hours work". Fawkes accuses her of "flouting minimum wage legislation", on the basis that this comes to £5.88 an hour rather than the £5.93 an hour that constitutes the UK's minimum wage. Penny says that isn't so, which is why she put the word 'about' in. It all turns into a humdinger pretty quickly (check out the Twitter insults).

Subscribe to MoneyWeek

Become a smarter, better informed investor with MoneyWeek.

So what makes it fascinating, apart from as case study of how very nasty people are to each other on the internet? The fact that the exchange highlights the extent to which everyone wants the burden of paying for everything to fall on other people.

Most people think they are taxed enough but other people should be taxed more. The middle classes think the 'rich' should pay more. The rich think that, as they are pretty much the only net tax payers left in the country, they should be left alone and benefits should be cut. They also think that if they are going to be investigated for tax evasion then so should every painter and decorator in the country. MPs think that benefit fraudsters should go to gaol, but white-collar fraudsters (them for example) should be allowed to carry on as before.

Advertisement
Advertisement - Article continues below

Penny says she is all for not just the minimum wage as it now stands, but for the 'living wage' (£7.85 an hour). But she doesn't think she is the one who should have to pay it. She is "not a huge corporation, but a 24-year old with a salary not much above minimum wage" herself. So she thinks she can't afford it.

But if that's true of her, what of all the others who can't afford it? There is the public sector - which is £1trn in debt. The taxpayer can't really afford for the public sector to pay anyone at all, let alone pay them £7 plus an hour. Then there is every cash-strapped start-up in the land, and every struggling small company. Ask their managers and they'll tell you they can't afford the living wage or the minimum wage either. In fact come to that they can't afford maternity leave, health and safety, or the costs of managing equality legislation either.

This of course is why so many of those on the right argue that so much of our legislation shouldn't apply to small companies or one-man bands. So there we have it - something on which, for once, representatives of both the left and the right appear to agree. Perhaps Fawkes and Penny should stop trading insults and join to get a petition together.

Advertisement

Recommended

Visit/519858/how-long-can-the-good-times-roll
Economy

How long can the good times roll?

Despite all the doom and gloom that has dominated our headlines for most of 2019, Britain and most of the rest of the developing world is currently en…
19 Dec 2019
Visit/516758/beyond-the-brexit-talk-the-british-economy-isnt-doing-too-badly
Economy

Beyond the Brexit talk, the British economy isn’t doing too badly

The political Brexit pantomime aside, Britain is in pretty good shape. With near-record employment, strong wage growth and modest inflation, there is …
17 Oct 2019
Visit/economy/uk-economy/600824/how-the-bbc-can-survive-the-end-of-the-tv-licence
UK Economy

How the BBC can survive the end of the TV licence

The TV licence that funds the BBC is looking way past its sell-by date, says Matthew Lynn. Here's how it could survive without it
16 Feb 2020
Visit/economy/uk-economy/600837/rishi-sunak-new-chancellor-spending-splurge
UK Economy

Britain has a new chancellor – get ready for a major spending splurge

The departure of Sajid Javid as chancellor and the appointment of Rishi Sunak marks a change in the style of our politics. John Stepek explains what's…
14 Feb 2020

Most Popular

Visit/investments/property/house-prices/600840/the-biggest-risk-facing-the-uk-housing-market-right-now
House prices

The biggest risk facing the UK housing market right now

For house prices to stagnate or even fall would be healthy for the property market, says John Stepek. But there is a distinct danger that isn't going …
17 Feb 2020
Visit/economy/uk-economy/600824/how-the-bbc-can-survive-the-end-of-the-tv-licence
UK Economy

How the BBC can survive the end of the TV licence

The TV licence that funds the BBC is looking way past its sell-by date, says Matthew Lynn. Here's how it could survive without it
16 Feb 2020
Visit/economy/600838/money-minute-monday-17-february-good-news-ahead-for-the-uk-economy
Economy

Money Minute Monday 17 February: good news ahead for the UK economy?

Today's Money Minute looks to a week in which we get the latest employment and inflation numbers, plus retail figures for January and a slew of eurozo…
17 Feb 2020
Visit/investments/stockmarkets/european-stockmarkets/600725/is-2020-the-year-for-european-small-cap
Sponsored

Is 2020 the year for European small-cap stocks?

SPONSORED CONTENT - Ollie Beckett, manager of the TR European Growth Trust, on why he believes European small-cap stocks are performing well.
12 Feb 2019