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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 09:22 AM
Original message
France to bring in bank bonus tax
Source: BBC

French Finance Minister Christine Lagarde says France will introduce a tax on bankers' bonuses similar to the one introduced in the UK. Any bonus above 27,000 euros ($39,000; £24,000) will be taxed at a rate of 50% on payments given out in 2010.

Ms Lagarde told reporters that a bill would be brought before the French parliament in January.

Last week, UK Chancellor Alistair Darling announced a similar measure in his pre-Budget report.

France was at the forefront of calling for action on bankers' pay at the G20 summit earlier this year.



Read more: http://news.bbc.co.uk/2/hi/business/8415851.stm
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groundloop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 09:41 AM
Response to Original message
1. but, but, but..... that's socialism
A tax on extravagant bonuses is just what we need. The CEO's would probably double their bonuses to offset the loss, but at least they'd be contributing to the federal budget and help us afford universal health care (OK, we all have our dreams).
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AzNick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:50 AM
Response to Reply #1
10. European conservatives more to the left of the American Democrats.
Go figure.
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pissedoff01 Donating Member (163 posts) Send PM | Profile | Ignore Wed Dec-16-09 09:44 AM
Response to Original message
2. What happened to the guillotines?
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pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:29 AM
Response to Reply #2
7. They shipped them here along with the statue of liberty.
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 09:48 AM
Response to Original message
3. It's sad when Sarkozy is farther left than many US Democrats.
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harun Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 09:57 AM
Response to Reply #3
4. U.S.A. is oblivious to how far right it is.
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AndrewP Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:03 AM
Response to Reply #4
5. Truth
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RufusTFirefly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:17 AM
Response to Reply #4
6. Bingo!
I have a friend from Germany in a center-right party. I'm an unapologetic liberal, and yet she's to the left of me.
Heck, even Nixon would be to the left of the current leadership of the Democratic (sic) party. It's appalling.
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pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:37 AM
Response to Reply #6
8. Funny you mention Nixon. I was watching a program on C span..........
..........(I think it was C span, and can't remember the program) where one of the persons on the program said sarcastically that the last liberal President was Nixon. I laughed at the time, but then I started thinking about it and thought, wow, that is sickeningly true.
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reggie the dog Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 04:44 PM
Response to Reply #8
17. Carter?
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pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 08:02 PM
Response to Reply #17
18. Not really. Carter was the first "conservative" Dem elected President.......
........in my lifetime (then came Clinton). I am in no way defending Nixon, but under his admin we got the EPA and state revenue sharing and a few other odds and ends. You have to consider the times also 1968. Next to Johnson he was super conservative, but next to Carter, Clinton and now Obama Nixon was "liberal". He even had a plan for universal healthcare and a guaranteed minimum yearly wage. I did not like Carter at all when he was elected, now he has become a real world leader and moderated quite since he was President. I like and respect him now, but he was crap as President.
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Ghost Dog Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:57 AM
Response to Reply #4
13. U.S.A. is oblivious to how far right it is,
because of the brainwashing.
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pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 08:09 AM
Response to Reply #13
22. You're right. For "proof", just look at the "nuts" calling Obama.........
...........a Socialist or Communist. ANYONE with even half a brain knows he is governing to the right of center.
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:38 AM
Response to Reply #3
9. Most European conservatives are more liberal than our liberals.
Sad indeed.
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AzNick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:51 AM
Response to Reply #9
11. In France I vote Sarkozy, here I voted Obama
And I find Sarkozy more liberal than Obama.
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:55 AM
Response to Reply #11
12. Ha. That's exactly what someone else (from France) told me. n/t
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pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 08:04 PM
Response to Reply #9
19. Yep. The closest thing we have to a "European liberal" is Bernie Sanders.
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reggie the dog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 02:46 AM
Response to Reply #19
20. Kuicinich, Wellstone was, and I forget his name but there is
that guy in Florida too.
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pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 08:07 AM
Response to Reply #20
21. Yep, there are more. Probably 60 in the House and maybe 15 in the Senate.
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AlphaCentauri Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 11:01 AM
Response to Reply #3
14. +1
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Vidar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 01:19 PM
Response to Original message
15. Good for France.
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reggie the dog Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 04:44 PM
Response to Original message
16. and this is our French RIGHT WING party who has done this
our right is farther to the left than your left is. Right wing president Sarkozy from the UMP is farther to the left the Democratic president Obama.
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Le Taz Hot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 08:22 AM
Response to Original message
23. President Change
could urge our Congress to do the same . . . but he won't.
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