{"id":190047,"date":"2010-01-12T22:46:00","date_gmt":"2010-01-13T03:46:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/01\/12\/proof-that-the-british-banker-supertax-is-the-right-thing\/"},"modified":"2010-01-12T22:46:00","modified_gmt":"2010-01-13T03:46:00","slug":"proof-that-the-british-banker-supertax-is-the-right-thing","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/01\/12\/proof-that-the-british-banker-supertax-is-the-right-thing\/","title":{"rendered":"Proof that the British Banker &#8220;Supertax&#8221; is the Right Thing"},"content":{"rendered":"<p>Boris Johnson, Mayor of London, and perhaps the stupidest man in England, has <a href=\"http:\/\/www.thisislondon.co.uk\/standard\/article-23793653-boris-johnson-9000-bankers-will-quit-city-over-supertax.do\">come out against the proposal<\/a>:<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p>Boris Johnson threw down the gauntlet to shadow chancellor George Osborne today, urging him to rule out extending the supertax on bonuses.<\/p>\n<p>The Mayor is seeking reassurances that Gordon Brown&#8217;s tax would not be imposed by a Tory government. The showdown comes after Mr Johnson claimed that up to 9,000 bankers could leave London to escape paying.<\/p>\n<p>Mr Osborne has said he does not oppose the tax, and the Conservatives have not ruled out imposing it again if they win the general election.<\/p><\/blockquote>\n<p>If the Tories come out against the tax, they may very well snatch defeat from the jaws of victory.<\/p>\n<p>On a more utilitarian note, w<span>hen a rich banker leaves for Switzerland (only <a href=\"http:\/\/40yrs.blogspot.com\/2009\/12\/london-bankers-discover-taxes-in.html\" target=\"_blank\" rel=\"noopener\">Switzerland does not want them either<\/a>) it means that that 2500 square foot penthouse flat in London becomes 4, or 5 more modest flats, increasing the supplies of housing, and drives down rents, making London a better place for the <span style=\"font-weight: bold;\">Londoners<\/span>.<\/p>\n<p>The rich  bankers, and the expat tax dodgers who live in London in <span style=\"font-weight: bold;\">very<\/span> large numbers, don&#8217;t make London better, they make it worse:  They push out the middle class, and productive industry.<br \/><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boris Johnson, Mayor of London, and perhaps the stupidest man in England, has come out against the proposal: Boris Johnson threw down the gauntlet to shadow chancellor George Osborne today, urging him to rule out extending the supertax on bonuses. The Mayor is seeking reassurances that Gordon Brown&#8217;s tax would not be imposed by a &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1000,984,1004,978,985,983],"tags":[],"class_list":["post-190047","post","type-post","status-publish","format-standard","hentry","category-elections","category-europe","category-finance","category-politics","category-regulation","category-taxes"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190047"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=190047"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190047\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=190047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=190047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=190047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}