Call for a 90% Tax on Banker Bonuses

Bankers should pay 90 per cent tax on massive bonuses, a group of MPs said yesterday.
The call came at a timely moment as it appeared that City banks are again distributing huge pay and perks.
Wall Street giant Goldman Sachs is expected to confirm today that it will pay an average of almost £400,000 in salary and bonuses to each of its 5,500 Londonbased staff.

Read more...