News just in: Banks don't like taxes!
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- CarolineS
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Bankers excessive bonuses have been blamed for the current economic climate (thats really the least of the causes) and now the government wants to tax these bonuses.
Guess the government cant do anything about the over draft charges and making the banks give money back to the people, but i suppose when it comes to money that will go streight to government then they have the power to impose what taxes they want.
Anyway the bankers arn't happy about this, so how's about we just do away with dirty bankers altogether and send them off to a desert island, and let them use their brilliant manipulative illegal banking skills to survive.
"A scheme could be unveiled in Alistair Darling's pre-Budget report this week.
BBC business editor Robert Peston said taxing bankers rather than banks would not weaken the lenders and could raise several hundred million pounds.
Angela Knight from the British Bankers' Association (BBA) called such taxes "populist, political and penal".
She said such windfall taxes on bonuses would send the wrong message to the rest of the world about the UK's position as a banking centre.
"We have already seen quite a few companies shift out of the UK," the BBA's chief executive told the BBC.
"It might be popular to put very high taxes on a few [bankers], but we need to know how we would look internationally."
She added that one million jobs in the UK were supported by the banking industry. "
http://news.bbc.co.uk/1/hi/business/8398189.stm
Guess the government cant do anything about the over draft charges and making the banks give money back to the people, but i suppose when it comes to money that will go streight to government then they have the power to impose what taxes they want.
Anyway the bankers arn't happy about this, so how's about we just do away with dirty bankers altogether and send them off to a desert island, and let them use their brilliant manipulative illegal banking skills to survive.
"A scheme could be unveiled in Alistair Darling's pre-Budget report this week.
BBC business editor Robert Peston said taxing bankers rather than banks would not weaken the lenders and could raise several hundred million pounds.
Angela Knight from the British Bankers' Association (BBA) called such taxes "populist, political and penal".
She said such windfall taxes on bonuses would send the wrong message to the rest of the world about the UK's position as a banking centre.
"We have already seen quite a few companies shift out of the UK," the BBA's chief executive told the BBC.
"It might be popular to put very high taxes on a few [bankers], but we need to know how we would look internationally."
She added that one million jobs in the UK were supported by the banking industry. "
http://news.bbc.co.uk/1/hi/business/8398189.stm
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