Ireland to implement 90% tax on banker bonuses

This should be the model for other countries, but we all know they're much too afraid of taking on the bankers. They're important people and geniuses, you know. CNBC:

Irish Finance Minister Brian Lenihan said on Thursday he would include a 90 percent charge on bankers' bonuses in the budget bill.

"As far as the future is concerned I do propose to introduce the amendment to the finance bill to put this matter beyond any doubt and provide a high rate, a 90 percent rate of charge on any ... bankers' bonuses," Lenihan told local radio.

Ireland's government will seek parliamentary approval for a 85 billion euro ($113 billion) IMF/EU rescue package next week,in a surprise maneuver designed to embarrass its political rivals.

Add to del.icio.us

Digg this

Post to Furl

Add to reddit

Add to myYahoo!