SuperTax of 50% on Bankers Bonuses!!
SuperTax of 50% on Bankers Bonuses!!
09 December 2009, 01:42 PM
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09 December 2009, 01:48 PM
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Just read the article - the bankers still get taxed as usual (40%), it's their employer who pays 50% of anything over £25k ... interesting.
"He introduced a one-off levy of 50% on any individual discretionary bonus paid above £25,000.
Mr Darling said the banks, rather than the bankers, will pay the levy and anti-avoidance measures will be introduced immediately.
The move could raise £550m, which would be used to help reduce unemployment.
Bankers will still have to pay income tax on any bonus they receive as usual."
TX.
"He introduced a one-off levy of 50% on any individual discretionary bonus paid above £25,000.
Mr Darling said the banks, rather than the bankers, will pay the levy and anti-avoidance measures will be introduced immediately.
The move could raise £550m, which would be used to help reduce unemployment.
Bankers will still have to pay income tax on any bonus they receive as usual."
TX.
09 December 2009, 01:54 PM
#10
Just read the article - the bankers still get taxed as usual (40%), it's their employer who pays 50% of anything over £25k ... interesting.
"He introduced a one-off levy of 50% on any individual discretionary bonus paid above £25,000.
Mr Darling said the banks, rather than the bankers, will pay the levy and anti-avoidance measures will be introduced immediately.
The move could raise £550m, which would be used to help reduce unemployment.
Bankers will still have to pay income tax on any bonus they receive as usual."
TX.
"He introduced a one-off levy of 50% on any individual discretionary bonus paid above £25,000.
Mr Darling said the banks, rather than the bankers, will pay the levy and anti-avoidance measures will be introduced immediately.
The move could raise £550m, which would be used to help reduce unemployment.
Bankers will still have to pay income tax on any bonus they receive as usual."
TX.
Once we see the anti-avoidance measures then'll maybe we'll accept that it was a good idea.
09 December 2009, 03:33 PM
#13
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Pete,
You are such a retard.
The only relevant question over the bonus payments is with regard to the size of the payments and the impact upon the fragility of the banks' overall group fnancial positions.
Taxing the employers simply adds an additional financial burden, whilst at the same time generating additional funds for our waste of space Government to **** away, probably on some "climate change" matter.
So rather than improving the public purses exposure to the banks, at best the tax just recycles a sum of money from public purse to bank back to public purse, whilst in the process those that are challenged intellectually may think there is some good being done.
Its just spin, with no benefit to anyone, other than new labour's PR with the thick, simply because Labour have just realised that despite all the posturing the Government cannot dicate what is paid.
You are such a retard.
The only relevant question over the bonus payments is with regard to the size of the payments and the impact upon the fragility of the banks' overall group fnancial positions.
Taxing the employers simply adds an additional financial burden, whilst at the same time generating additional funds for our waste of space Government to **** away, probably on some "climate change" matter.
So rather than improving the public purses exposure to the banks, at best the tax just recycles a sum of money from public purse to bank back to public purse, whilst in the process those that are challenged intellectually may think there is some good being done.
Its just spin, with no benefit to anyone, other than new labour's PR with the thick, simply because Labour have just realised that despite all the posturing the Government cannot dicate what is paid.
09 December 2009, 03:37 PM
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It's what's known as "Cutting off your nose to spite your face" 
Don't get me wrong I hate the greedy little s,hits but the banks bring in huge amounts of tax revenue. So we should swallow our pride even though it goes against the grain. The ugly side of capitalism.
dl
Don't get me wrong I hate the greedy little s,hits but the banks bring in huge amounts of tax revenue. So we should swallow our pride even though it goes against the grain. The ugly side of capitalism.
dl
09 December 2009, 03:51 PM
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09 December 2009, 03:56 PM
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These are the very same Bankers who took the world to economic collapse.
These are the very same Bankers who took OUR money to save themselves.
These are the very same Bankers who are now claiming the benefit for making money (when a monkey in a straightjacket could make money in this market).
These are the very same Bankers who are using OUR money to gamble.
These are the very same Bankers who should be working for FREE and be glad that we haven't lynched them in the street!
These are the very same Bankers who took OUR money to save themselves.
These are the very same Bankers who are now claiming the benefit for making money (when a monkey in a straightjacket could make money in this market).
These are the very same Bankers who are using OUR money to gamble.
These are the very same Bankers who should be working for FREE and be glad that we haven't lynched them in the street!
09 December 2009, 04:09 PM
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These are the very same Bankers who took the world to economic collapse.
These are the very same Bankers who took OUR money to save themselves.
These are the very same Bankers who are now claiming the benefit for making money (when a monkey in a straightjacket could make money in this market).
These are the very same Bankers who are using OUR money to gamble.
These are the very same Bankers who should be working for FREE and be glad that we haven't lynched them in the street!
These are the very same Bankers who took OUR money to save themselves.
These are the very same Bankers who are now claiming the benefit for making money (when a monkey in a straightjacket could make money in this market).
These are the very same Bankers who are using OUR money to gamble.
These are the very same Bankers who should be working for FREE and be glad that we haven't lynched them in the street!
Of course, I think that in the current climate that the banks should bite the bullet and just put what would have been paid in bonuses back in to the company or paying back the government to get out of the Asset Protection Scheme. But, to say these people should work for free and that they should have been lynched is, quite frankly, idiotic and distasteful.
Geezer
09 December 2009, 04:14 PM
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The other side of the coin;
Bingo duty cut from 22% to 20%.
This just about says it all........pathetic.
Gotta keep to core Nu Labour client vote happy, eh?
Bingo duty cut from 22% to 20%.
This just about says it all........pathetic.
Gotta keep to core Nu Labour client vote happy, eh?
09 December 2009, 04:20 PM
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I agree with those who say this policy smacks of popularist nonsense
The best thing that the banks and bankers can do is start lending money again, return to making huge profits and paying large bonuses. That way we get our money back, and our economy gets all the upside of having a massively strong financial sector again.
Only then will this crisis be truly ended.
The best thing that the banks and bankers can do is start lending money again, return to making huge profits and paying large bonuses. That way we get our money back, and our economy gets all the upside of having a massively strong financial sector again.
Only then will this crisis be truly ended.
09 December 2009, 04:23 PM
#21
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Why? 99.9% of people in the banking industry have done no wrong, did nothing to contribute to the collapse (apart from the possibly the same greed that the rest of the general public and enjoyed endless lines of credit). They were normal people, hard working who were also the victims of a very few elite people.
Of course, I think that in the current climate that the banks should bite the bullet and just put what would have been paid in bonuses back in to the company or paying back the government to get out of the Asset Protection Scheme. But, to say these people should work for free and that they should have been lynched is, quite frankly, idiotic and distasteful.
Geezer
Of course, I think that in the current climate that the banks should bite the bullet and just put what would have been paid in bonuses back in to the company or paying back the government to get out of the Asset Protection Scheme. But, to say these people should work for free and that they should have been lynched is, quite frankly, idiotic and distasteful.
Geezer
How about these people take some responsibility and exercise some self control when it comes to spending on credit?? Then they won't have anyone to whinge about when it all comes crashing down on them and they realise they have to actually pay for the stuff.
09 December 2009, 04:24 PM
#22
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Pete,
The only situation in which we would be conversing face to face would be as aquantances, and yes, therefore, if you had made that point I would have no hesitation in calling you a "retard" for missing the point by a country mile.
As for taking me seriously, I've called you out time and time again over the years and you've simply scurried off elesewhere without having the gumption, intelligence or facts to back up your point.
When I think you've been right, however, I've supported you (remember infract-gate?)
On the basis that we are probably around the same age, and you don't know me from adam, among other things the use of "my boy" is a bit presumptuous don't you think?
Oh - and that's not a veiled threat (unlike your "retort").
If you were on the board of governers at any school in which I had an interest, I'd expect you have more intelligence than you demnonstrate on here. Or, perhaps, you're just trolling for a reaction again?
note - no insults this time. Out of courtesy. Not because your "I'm bigger than you" point carries any weight with me.
09 December 2009, 04:45 PM
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These are the very same Bankers who took the world to economic collapse.
These are the very same Bankers who took OUR money to save themselves.
These are the very same Bankers who are now claiming the benefit for making money (when a monkey in a straightjacket could make money in this market).
These are the very same Bankers who are using OUR money to gamble.
These are the very same Bankers who should be working for FREE and be glad that we haven't lynched them in the street!
These are the very same Bankers who took OUR money to save themselves.
These are the very same Bankers who are now claiming the benefit for making money (when a monkey in a straightjacket could make money in this market).
These are the very same Bankers who are using OUR money to gamble.
These are the very same Bankers who should be working for FREE and be glad that we haven't lynched them in the street!
Hang the Estate Agents.
The same Estate Agents that are talking the market up yet again. 
09 December 2009, 04:47 PM
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09 December 2009, 04:55 PM
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These are the very same Bankers who took the world to economic collapse.
These are the very same Bankers who took OUR money to save themselves.
These are the very same Bankers who are now claiming the benefit for making money (when a monkey in a straightjacket could make money in this market).
These are the very same Bankers who are using OUR money to gamble.
These are the very same Bankers who should be working for FREE and be glad that we haven't lynched them in the street!
These are the very same Bankers who took OUR money to save themselves.
These are the very same Bankers who are now claiming the benefit for making money (when a monkey in a straightjacket could make money in this market).
These are the very same Bankers who are using OUR money to gamble.
These are the very same Bankers who should be working for FREE and be glad that we haven't lynched them in the street!
are you sure they're the same bankers? Alot of the banking crisis was due to bad debt, sub-prime lending etc... Ths city bankers with the big bonuses tend to be those that play with the stocks and shares in various guises.
not the same at all
09 December 2009, 05:08 PM
#26
The Government feel the anger of the public and to be seen doing something are quick to implement a populist tax on the very industry that the Government is trying to revive. however, they are out of touch with the public when it comes to ministerial expenses. I've yet to see any legislation on this issue. Funny that!!
09 December 2009, 05:13 PM
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Pete,
The only situation in which we would be conversing face to face would be as aquantances, and yes, therefore, if you had made that point I would have no hesitation in calling you a "retard" for missing the point by a country mile.
As for taking me seriously, I've called you out time and time again over the years and you've simply scurried off elesewhere without having the gumption, intelligence or facts to back up your point.
When I think you've been right, however, I've supported you (remember infract-gate?)
On the basis that we are probably around the same age, and you don't know me from adam, among other things the use of "my boy" is a bit presumptuous don't you think?
Oh - and that's not a veiled threat (unlike your "retort").
If you were on the board of governers at any school in which I had an interest, I'd expect you have more intelligence than you demnonstrate on here. Or, perhaps, you're just trolling for a reaction again?
note - no insults this time. Out of courtesy. Not because your "I'm bigger than you" point carries any weight with me.
The only situation in which we would be conversing face to face would be as aquantances, and yes, therefore, if you had made that point I would have no hesitation in calling you a "retard" for missing the point by a country mile.
As for taking me seriously, I've called you out time and time again over the years and you've simply scurried off elesewhere without having the gumption, intelligence or facts to back up your point.
When I think you've been right, however, I've supported you (remember infract-gate?)
On the basis that we are probably around the same age, and you don't know me from adam, among other things the use of "my boy" is a bit presumptuous don't you think?
Oh - and that's not a veiled threat (unlike your "retort").
If you were on the board of governers at any school in which I had an interest, I'd expect you have more intelligence than you demnonstrate on here. Or, perhaps, you're just trolling for a reaction again?
note - no insults this time. Out of courtesy. Not because your "I'm bigger than you" point carries any weight with me.
09 December 2009, 05:40 PM
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09 December 2009, 05:49 PM
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I don't recognise the word Trolling ..... I read it as an opinion expressed. 
I would have gone further, and got the names of the people who are going to get bonuses and tax those bonuses at 98% - every single penny.
Let them sling their hook if they wish to - plenty more to take their place!
AND, I would watch them like a hawk ..... they should be paid a little over the average wage - about £75,000 and they should be best pleased with that.
I would also make them walk through Redcar, Teesside with a sandwich board listing their remuneration package ....... should make them wake up and smell the coffee!
I would have gone further, and got the names of the people who are going to get bonuses and tax those bonuses at 98% - every single penny.
Let them sling their hook if they wish to - plenty more to take their place!
AND, I would watch them like a hawk ..... they should be paid a little over the average wage - about £75,000 and they should be best pleased with that.
I would also make them walk through Redcar, Teesside with a sandwich board listing their remuneration package ....... should make them wake up and smell the coffee!
09 December 2009, 05:52 PM
#30
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I don't recognise the word Trolling ..... I read it as an opinion expressed.
I would have gone further, and got the names of the people who are going to get bonuses and tax those bonuses at 98% - every single penny.
Let them sling their hook if they wish to - plenty more to take their place!
AND, I would watch them like a hawk ..... they should be paid a little over the average wage - about £75,000 and they should be best pleased with that.
I would also make them walk through Redcar, Teesside with a sandwich board listing their remuneration package ....... should make them wake up and smell the coffee!
I would have gone further, and got the names of the people who are going to get bonuses and tax those bonuses at 98% - every single penny.
Let them sling their hook if they wish to - plenty more to take their place!
AND, I would watch them like a hawk ..... they should be paid a little over the average wage - about £75,000 and they should be best pleased with that.
I would also make them walk through Redcar, Teesside with a sandwich board listing their remuneration package ....... should make them wake up and smell the coffee!
