Thursday, March 19, 2009

90% Tax

BBC News: Reports that the US House of Representatives has passed a Bill that would tax the bonuses of those companies given Government support, this actions is in response to the AIG bonuses row. What happens if those taxed walk, what if companies go under because in the complex world of finance those that leave understand how to makes money and keep a business in the black. I hear the shouts now, but these companies went bust, its our money, okay have a cup of tea and relax, this is the real world, these bonuses go to the people that make the system run, no runners and we are all in the 100% tax bracketed. This mess is down to the Obama Administration, lets tax their wages should we, its their bag as they say in the 21 Century American English.

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