Thursday, Dec 17, 2009

Bankers "ring up their mates in No. 10"

BBC: Banks try to deal away bonus tax

Peston says "A number of banks do not apparently believe that the super-tax on bonuses is real. I have it from impeccable sources that several of them have rung up their mates and contacts in 10 Downing Street, the Treasury and BIS (Department for Business, Innovation and Skills), to ask if they can be let off the 50% one-off bonus tax. In return they would make a one-off contribution to some worthy project or other, or just pay over a wodge of money unconnected to the value of bonuses they actually want to pay.....What's going on is not quite the same as offering a bag of cash to the tax collector in a democratically challenged fledgling state - but it's not far off

Posted by cat and canary @ 11:40 AM (915 views)
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1 Comment

1. Grizzley Bear said...

This is a sneaky Socialist Distraction, the bankers bonuses just an ugly symptom, and don't amount to much money compared to the national public/private debt; the government, FSA, BOE and MPs, should stay the focus of our ire!

Thursday, December 17, 2009 02:15PM Report Comment

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