Tuesday, July 14, 2009
Tax them to death, yes or no?
Bankers should pay 90 per cent tax on massive bonuses, a group of MPs said yesterday. The call came at a timely moment as it appeared that City banks are again distributing huge pay and perks. Wall Street giant Goldman Sachs is expected to confirm today that it will pay an average. As much as I despise them for their massive bonus's, if we tax them at 90% will they all move abroad!