tag:blogger.com,1999:blog-5947657417687606134.post6134535344737654622..comments2009-03-03T15:08:24.322Zjayhttp://www.blogger.com/profile/07411905421917396485noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5947657417687606134.post-20241775879071498152009-03-03T15:08:00.000Z2009-03-03T15:08:00.000ZMaybe that is one of the measures they will introduce - my feeling though, is that this is a negotiating stance. The Govt are saying "look we'll get the money one way or the other, so let's come up with a deal..."<BR/>I think we'll find that there will soon be some sort of agreement where he still gets a pension that is bigger than Gordon's salary...jayhttp://www.blogger.com/profile/07411905421917396485noreply@blogger.comtag:blogger.com,1999:blog-5947657417687606134.post-62645706924129280642009-03-03T13:06:00.000Z2009-03-03T13:06:00.000ZWhere has this idea come from that because Sir Fred's contract says he is entitled to a pension of £693,000 gross p.a. that Parliament has no way of getting that money, misappropriated from the taxpayers, back to the taxpayers. Surely if the Chanellor of the Exchequer in his Budget introduces a Windfall Tax of a 99% deduction from the pension of any bank Executive in excess of £30,000 p.a., if that Bank is now part owned by the UK taxpapayer, there is nothing Sir Fred's highly paid lawyers can do to stop that money being clawed back by the Exchequer because it is part of English Law? Windfall Taxes have been introduced before and they are legal once passed by Parliament and given the Royal assent. If such a Windfall Tax is to be part of the Finance Bill, as Labour, Conservative and Lib-Dems, as well as Nationalists and Respect all seem agred that Sir Fred does not deserve this money it is virtually certain no MP nor peer would vote against such a Windfall Tax becoming Law. So once it is Law, Sir Fred's contract is still being honoured because his agreed gross pension amount is being paid to him. But if he fails to pay the tax due to the Inland Revenue, like every other UK citizen he can be charged with tax evasion, and so hopefully the scumbag will get a long stretch in jail as well. So why can this not be brought in with immediate effect in the light of Harriot Harman's promise.Wamibohttp://www.blogger.com/profile/17191976944140647804noreply@blogger.com