Hawt Ireland to impose 90% tax on banker bonuses

Dory

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Yeah we were putting caps etc. on bankers bonuses too, until it got near the time and the cunt of the PM decided that he was stalling it another year AND letting Europe decide instead of taking the plunge himself. Gotta look out for the rich don't ya know!
 

polo

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just like everywhere else, the 'bonus' will be renamed & restructured to avoid the tax.

and just like everywhere else, the gov't will give themselves pay raises while they continue their pursuit of other peoples money. . .
All TD's are taking a massive pay cut.

The country is broke, mainly because of the banks. Their bonus' will be got, or they can be free to generate nothing somewhere else in Europe.

Our corporate tax still remains at 12% - however. An attractive place to do business.
 

polo

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Yeah we were putting caps etc. on bankers bonuses too, until it got near the time and the cunt of the PM decided that he was stalling it another year AND letting Europe decide instead of taking the plunge himself. Gotta look out for the rich don't ya know!
what
 

polo

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Yep. We do that here now. Not a bonus, it's commission.
I know a banker for Goldman Sachs as well as RBS.

They get commission. A bonus is entirely different. Commission is paid for good work or for taking new custom and business in. A bonus is to reaffirm that and to stop other banks headhunting staff.
 

polo

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Cameron unsurprisingly going back on his pledge to actually take money from bankers dear.
considering England has no industry anymore - what do you want him to do?

you tax white collar jobs, they'll all leave, and what's there to pick up the economic baton?

you can blame thatcher for that.
 

Dory

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considering England has no industry anymore - what do you want him to do?

you tax white collar jobs, they'll all leave, and what's there to pick up the economic baton?

you can blame thatcher for that.
Except it's kinda been proven that they don't just up and leave dear. (with regards to bankers, not rich rock stars etc) It's a great scare tactic that the government use to not tax their mates though.
 

polo

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Except it's kinda been proven that they don't just up and leave dear. (with regards to bankers, not rich rock stars etc) It's a great scare tactic that the government use to not tax their mates though.
Tell that to Google, Xerox, Almac, Galen Pharmaceutical, Abbott Scientific, Microsoft, Genzyme Corporation, Pfizer Inc., Bristol Meyers Squibb and many of the other multinationals who relocated operations from England to Ireland when the coporation tax was lowered from 22% to 12%.

If you're in charge of a company, why would you pay more? You're already on a geographical extreme, you're already on the timezone extreme, you're already paying enough tax...

oh I'm replying to NME.