Free Cash at Your Door

As my previous post had seem likely they are not bankers based in London who will be the victims of retaliatory taxation Prime Minister Gordon Brown and the incompetence of his Chancellor of the Exchequer Alistair Darling for electoral purposes .

A study such as the Financial Times echoed this morning confirms that banks will see double bonus increase so that the net payment to the banker is not affected by this tax. The objective is threefold missed show.

Firstly, they are not concerned that the bankers will not suffer in their wages.

Then this tax “will bring” a certain amount under the heading “personal income taxes” (talking about € 6 billion) chip of the same amount of “corporate tax”. In short, the state will gain nothing.

More importantly, paying bonuses to cover the increased burden of the tax, banking, instead of following what the authorities want, namely an increase in their capital, will reduce them all.

All this was obvious and predictable. It is hoped that France, which is the only country to have not followed suit to the British, do not put her under threat: it would weaken the banks without “punish” the bankers.

The shareholders who will see their dividends and profits fall by as much. In short, we are faced sorcerer’s apprentices who would do well not to play Russian roulette.

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