Showing posts with label Bankers. Show all posts
Showing posts with label Bankers. Show all posts

Friday, 22 June 2012

Just Greedy

It has been revealed that comedian Jimmy Carr has been paying tax at just 1%. Given that he is already a very rich person, it is just plain greedy.   The Prime Minister thinks it is morally wrong, other have said he is acting within the law and if anyone is to be criticised, it is the Government for not closing tax loopholes.
The two views are not mutually exclusive.  In terms of avoiding tax, the arrangement seems little more than fraud.  Mr Carr gives someone else his pay then borrows it back as a 'loan'  - but a loan he won't be asked to repay.

Friday, 2 December 2011

Banker Bonuses

There was a bit of a debate in Parliament about how many things the Labour Party is promising to pay for by putitng a tax on banker bonuses.

I can't help but feel that perhaps we would all be better off it the bankers (which seems to cover more thna just bankers) did not have massive bonuses in the first place.  Now it seems even the Governor of the Bank of England has spotted this too.