British Government Plans Windfall Tax on Bank Bonuses

[guest]

The British general election may still be up to six months away, but campaigning already is heating up. The latest idea to make the rounds: a windfall tax on bankers' bonuses. That's what Alastair Darling, Britain's finance minister, is expected to announce on Dec. 9 when he makes his annual ...


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[mneilson]

I think it is a good step by British Government that Plans Windfall Tax on Bank Bonuses before the next general election. This would mull others members of EU to take such steps. Such type of law to cut Bank Bonuses is already under active consideration in USA. I think we should we link it to UK politics or election. This is just a bold step to strengthen global economy through good practices.