June 26, 2011     Permalink Tweet: The tyranny of the "moneymen": .ly/lkROoo Submitted by Michael Dewey

Here is a suggestion for you, Mr. Cable, and the Chancellor to consider, which is progressive, fair and serves the interests of the ordinary citizen. Decide what multiple of the average pay of a UK employee is a fair wage for those masters of the universe, 10 times say.   Any pay above that, tax at a punitive rate rising in very steep steps to a level of 90% or more.   If this does not moderate the pay, it will have the effect of returning money to the government to help those most in need.