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10% tax on bank profits proposed

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10% tax on bank profits proposed

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pcernie

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Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast

10% tax on bank profits proposed

http://news.bbc.co.uk/1/hi/uk_politics/8363563.stm


	Quote: Treasury spokesman Vince Cable told the BBC that banks should have to pay the levy because their businesses have been underwritten by public funds. The tax would raise some £2bn a year to help pay off the UK's deficit, he said.

Go on, Vince! :lol:

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Tue Nov 17, 2009 1:39 am

bobbdobbs

I haven't seen my friends in so long

Joined: Thu Apr 23, 2009 7:10 pm
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Re: 10% tax on bank profits proposed

Chances of that happening are zero and falling. Even if by some outlandish miracle and the lib dems got into power they wouldnt put it into practice.

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Tue Nov 17, 2009 9:09 am

pcernie

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Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast

Re: 10% tax on bank profits proposed


	bobbdobbs wrote: Chances of that happening are zero and falling. Even if by some outlandish miracle and the lib dems got into power they wouldnt put it into practice.

Yip, that's it, it just feeds into many peoples' perception of the Lib Dems as a bunch of loopers :oops:

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Tue Nov 17, 2009 10:12 am

l3v1ck

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Re: 10% tax on bank profits proposed

What about banks that didn't rely on public money? Why should those that didn't take insane risks have to pay more?

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Tue Nov 17, 2009 10:42 am

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