You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #9: When compared to other members a bank, they have far [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
Lucky Luciano Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-26-06 10:55 AM
Response to Reply #7
9. When compared to other members a bank, they have far
more job volatility and those other members of the banks can be let go very easily too. Most are booted out of the industry (let alone the bank) within 5 years. Anyone that makes it 5 years is probably very well off - if they saved properly and avoided the fast lane as traders often don't. They are also comped well because there is an extremely small number of people able to do what they do. More taxes should be paid though. Britain actually has a decent system. My ex-boss is a Brit. He said the high bracket is around 40ish percent - but there are very few deductions and loopholes, so one generally has to pay the entire thing. That would be an enormous addition to the treasury....the only thing that makes me hesitant to do it is that it would only go towards the war machine - nowhere else. The people will not be helped and healthcare will not be made cheap for the most needy. It will go straight to the cronies of Dick Cheney.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC