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61% of financial services professionals oppose Darling’s bonus tax

Nearly two thirds of financial services practitioners believe the super tax on bankers’ bonuses is unjustified, a Chartered Institute for Securities & Investment survey reveals.

Sixty one per cent of respondents to the survey are against Chancellor Alistair Darling’s one-off tax, with respondents claiming that the super tax “is blatant electoral opportunism” and talent will be “driven away” from London as a result.

Among the 39 per cent of respondents supporting the tax, CISI says comments included, “it is important that the industry cleans itself up” and “most bankers would not have a job without the direct input of public money”.

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Comments

There are 6 comments at the moment, we would love to hear your opinion too.

  1. I worked for a HIgh St Bank for 22 years and if we made a profit we received Profit Sharing (Bonus). If the Bank had not made a profit or it was very low we got nothing.
    Now when the Banks lose £millions the top dogs still get a Bonus. Why? A Bonus should be a reward for doing a good job / making a profit, but if you do a bad job / make a loss you should at best get no Bonus and at worse you should lose your job.
    Thats what happens to “Ground Floor” workers and thats how it should be for the Bosses too.
    Its about time that the bosses lived in the real world

  2. Richard Brown, Managing Director, Moneynotion Limi 6th January 2010 at 3:02 pm

    I wonder how many IFAs, like me, didn’t vote because they weren’t given the chance – and what the outcome would have been had they been so given?

  3. How many of the “for” votes were from bankers? 🙂

  4. 61% of turkeys, when asked, responded saying they were opposed to Christmas.

  5. Keith, did the other 39% tell you to get stuffed?

  6. who say’s that??
    ========================================
    albert pinto
    Financial Service

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