Sentences with phrase «tax on bank bonuses»

The opposition have urged ministers to levy a # 2bn tax on bank bonuses to pay for 25,000 new homes and 100,000 new construction jobs for young people, as part of their five - point plan for boosting growth.

Government plans for a windfall tax on bank bonuses, branded as «populist» today by City figures, are one of several new tax measures on the rich.

We have put forward a 5 point plan to get demand and growth back into our economy — including tax breaks for small businesses taking on extra workers, a temporary VAT cut, and a tax on bank bonuses to fund 100,000 jobs for young people.

We will fund this by a repeat of the tax on bank bonuses and by restricting pension tax relief for the very highest earners to the same rate as the average taxpayer.

Not exact matches

- not giving the banks a tax cut, but putting a tax on bankers bonuses to get young people back to work;

[132] Together with Shadow Chancellor Ed Balls, Miliband also promoted a «five - point plan for jobs and growth» aimed at helping the UK economy, involving extending the bonus tax on banks pioneered by Alistair Darling, bringing forward planned long - term investment to help reduce unemployment, cutting the rate of VAT from 20 % back to 17.5 %, cutting VAT on home improvements to 5 % for a temporary one - year period, and instigating a one - year National Insurance break to encourage employers to hire more staff.

Mr Miliband told Labour's youth conference on jobs in Warwick that a Labour Budget would introduce a bank bonus tax which would pay the wages of unemployed people.

«We began as the party of the windfall tax on the privatised utilities and the minimum wage in 1997, we ended — despite doing great things — as the party that was defending bank bonuses and a party that was pushing forward ID cards.

Mr Dromey also called on the government to implement Labour's housing policy proposals, which include a bank bonus tax to fund 25,000 affordable homes in the hopes of jump starting the house building sector.

He promised that he would crack down on bank bonuses where the institutions fail to lend to small businesses, and said he would focus on tax evasion.

Up in Albany, the WFP is pushing taxes on Wall Street bonuses and stock transactions - a brilliant piece of populism, despite criticism from Democrats and Republicans alike that it would drive the banking business out of the city and state.

They then come up with another bizarre statement, that «government is on trial as well as the markets» when everyone actually knows there is a need for restoring a strong positive role for government which alone was able to bail out the banks and prevent a global economic crash as well as alone having the capacity to deal with soaring energy bills and transport fares, tackle climate change, and counter the bonus greed and tax avoidance of the super-rich.

He stressed his bank levy would be more effective than Alistair Darling's one - off tax on bonuses, which brought in # 3.5 bn of tax receipts or a net figure of # 2.3 bn — still four times more than the former chancellor had expected after the tax was imposed for just four months starting in December 2009.

Also keep in mind that you will likely need to pay taxes on your bonus since most banks issue a 1099 - INT for any additional amount of money you earn from them during the year.

40,000 ThankYou points for $ 120 in fees, two bill pays and a ChexSystems inquiry is a pretty good bank bonus, especially considering you're usually not paying taxes on this bonus unlike all other checking bonuses.

There were no liens on the house and the bank even credited me for unpaid 2013 taxes and 2014 taxes upto this month which was a bonus to me.