Saturday, March 21, 2009

FT.com / Global Economy - Banker fury over tax ‘witch-hunt’

This is pretty damned impudent.  Did they not hear the Big O's conversation with Joe the Plumber about spreading the wealth?  Do they not understand that this actually requires wealth too be seized from those making the wealth and given to those who do not make as much?  Pretty damned cheeky to just ignore one of the cornerstones of the Big "O's" whole election campaign!  

Banker fury over tax ‘witch-hunt’

By FT reporters

Published: March 20 2009 19:39 | Last updated: March 20 2009 23:32

Bankers on Wall Street and in Europe have struck back against moves by US lawmakers to slap punitive taxes on bonuses paid to high earners at bailed-out institutions.

Senior executives on both sides of the Atlantic on Friday warned of an exodus of talent from some of the biggest names in US finance, saying the “anti-American” measures smacked of “a McCarthy witch-hunt” that would send the country “back to the stone age”.

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