Sunday, 20 September 2009

JOIN THE CAMPAIGN AGAINST EXCESSIVE PAY

Kent Green Party shares public concerns that excessive pay levels in a number of sectors are unacceptable. Steve Dawe comments:

“Green Party Leader, Caroline Lucas MEP, has joined the High Pay Commission(1) to help draw attention to excessive levels of pay, particularly in the financial sector. Kent Green Party wants people in Kent and Medway to write to the Chancellor, Alistair Darling, to encourage him to act on excessive pay in both the private and public sectors. There is a website link to help: http://action.compassonline.org.uk/chancellor

“An opinion poll shows 83% of the public agree excessive bonuses and executive pay fuelled excessive risk taking. This played a significant role in causing the economic crash; 73% would support the government in imposing a new tax on all bonuses above £10,000 a year and 63% support the establishment of a High Pay Commission.

“No one would oppose people whose earnings are the result of public acclaim. Singers, actors and writers, film-makers and artists may achieve high incomes because the public gives them support. But there is no reason why the public should pay inflated amounts for goods or services as a result of excessive pay at the top. We hope public support for this campaign will lead to curbs on excessive pay in the UK and elsewhere over time.”

FURTHER INFORMATION: Steve Dawe on 01732 355185 or mobile 07747 036192. Contact address as above.


Notes:
1. See launch of the High Pay Commission at: http://www.compassonline.org.uk/news/item.asp?n=5250 and http://www.newstatesman.com/2009/08/excessive-pay-bonuses

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