Liz Truss - the first 100 days....

[Rusty Nails]

So we take money off of individuals to pay off something that they didn't do, but that will teach them to become bankers? This is simply another left wing class struggle.

You are suggesting that when an individual earns a bonus, he doesn't get some of it as it goes to pay off something he didn't do.

How much bonus should the banker earn?

More twisted logic. To have legislation setting rules on remuneration that limit the potential for more risk-taking and damage to the country as in 2007 is not taking money off people for something they did not do.

It is a similar principle as limiting how much money can be put in ISAs each year, or how much can be put into pensions to stay within limits. They are not taking money off me in future income to punish me but as part of the fiscal rules designed for the country.

How much wood could a woodchuck chuck, if a woodchuck could chuck wood?

 

[Deleted member 49]

So we take money off of individuals to pay off something that they didn't do, but that will teach them to become bankers? This is simply another left wing class struggle.

You are suggesting that when an individual earns a bonus, he doesn't get some of it as it goes to pay off something he didn't do.

How much bonus should the banker earn?

The banks Craig....as a collective.If you don't get something how are you going to miss it.But you know all this.Try a little harder.
How about telling us why it is a good idea..I mean surely even you are running short of ideas to support this sh1tshow you voted for ?

 

[PaulB]

 

[fozy tornip]

So we take money off of individuals ..

We do WHAT?

 

[Craig the cyclist]

How much bonus should the banker earn?

The banks Craig....as a collective.If you don't get something how are you going to miss it.But you know all this.Try a little harder.
How about telling us why it is a good idea..I mean surely even you are running short of ideas to support this sh1tshow you voted for ?

Clearly telling us how much bonus the banker should get is beyond you, try telling us the salary the banker should get, then move on to the bonus.

Because you are definitely coming across as saying 'they earn too much and the bonuses are too big', but seem unable to tell us how much they should earn. Come on give us a clue how much you think they deserve.

 

[Deleted member 49]

Clearly telling us how much bonus the banker should get is beyond you, try telling us the salary the banker should get, then move on to the bonus.

Because you are definitely coming across as saying 'they earn too much and the bonuses are too big', but seem unable to tell us how much they should earn. Come on give us a clue how much you think they deserve.

Says it all about you Craigy....works for the NHS and supports caps on Nurses pay but not on Bankers ?
They deserve all they get.🙄

 

[deptfordmarmoset]

Was someone talking about bankers' bonuses.....?

View: https://twitter.com/MarinaPurkiss/status/1572690708091248641

 

[Rusty Nails]

Clearly telling us how much bonus the banker should get is beyond you, try telling us the salary the banker should get, then move on to the bonus.

Because you are definitely coming across as saying 'they earn too much and the bonuses are too big', but seem unable to tell us how much they should earn. Come on give us a clue how much you think they deserve.

Because it is another specious question of the style you like to ask that cannot be answered by anyone without knowledge of the industry and what the individual bankers do. It is not the gotcha question you clearly think it is.

There needs to be limits set that offer them ample reward for what they do that recognise good/exceptional performance but which do not encourage reckless risk-taking that could contribute to causing damage as in 2007. This will not be basic salary and is more likely to be based on a percentage on top of what they earn in salary, which will need to be set by experts in the banking/ financial remuneration field, and cannot possibly be a defined sum.

The principle of having a cap does not mean it has to be an across the board sum applicable to everyone which your question erroneously implies.

 

[Craig the cyclist]

There needs to be limits set that offer them ample reward for what they do that recognise good/exceptional performance but which do not encourage reckless risk-taking that could contribute to causing damage as in 2007. This will not be basic salary and is more likely to be based on a percentage on top of what they earn in salary, which will need to be set by experts in the banking/ financial remuneration field, and cannot possibly be a defined sum.

You are happy to tell us that there needs to be a cap and limits, but you also say that this question.......

Because it is another specious question of the style you like to ask that cannot be answered by anyone without knowledge of the industry and what the individual bankers do.

If those people say 'lift the cap' you are stuck because you have already there has to be a cap. Why just a cap on bankers, why not supermarket managers, plumbers, business owners, nurses, doctors, vets, airline pilots, anyone. Why do you just want to cap the bankers?

It's a class war centred around people who earn a lot of money. Why not just admit it?

 

[Craig the cyclist]

Says it all about you Craigy....works for the NHS and supports caps on Nurses pay but not on Bankers ?
They deserve all they get.🙄

I will ignore the abuse and ask you again.

How much should be the maximum a banker can earn?

 

[All uphill]

I'd much prefer progressive taxation that automatically redistributes a large percentage of those bonuses.

Governments picking certain industries for windfall taxes and caps on bonuses strikes me as tinkering and fraught with cries of unfairness.

 

[Deleted member 49]

I will ignore the abuse and ask you again.

How much should be the maximum a banker can earn?

Answer my question Craig ? You support a cap on Nurses but not Bankers....why is that ?
Let's be honest if the Banks choose to reward their workers a cap isn't going to stop them.Its a sh1t argument from you that hardly deserves a reply.
Did the party you voted for not promise levelling up ? 🙄

 

[matticus]

It is not the gotcha question you clearly think it is.

This would be a good auto-reply to 90% of Craig's posts!

 

[Rusty Nails]

You are happy to tell us that there needs to be a cap and limits, but you also say that this question.......


If those people say 'lift the cap' you are stuck because you have already there has to be a cap. Why just a cap on bankers, why not supermarket managers, plumbers, business owners, nurses, doctors, vets, airline pilots, anyone. Why do you just want to cap the bankers?

It's a class war centred around people who earn a lot of money. Why not just admit it?

You clearly cannot or will not understand that a cap, in this instance, refers to a cap on bonuses in relation to basic salary in an attempt to minimise the taking of risks, as has happened in the past.

It was not a cap put on as a means of arbitrarily reducing their earnings but to minimise risk taking.

This discussion will go around in circles as long as you do not understand the basic principle of the cap.

Bringing in all those other jobs is, and I am sorry for repeating this word, specious, but it is the ridiculous tactic you resort to every time. There is absolutely no similarity with the circumstances surrounding " bankers" bonuses, and you must know that.

 

[Craig the cyclist]

Answer my question Craig ? You support a cap on Nurses but not Bankers....why is that ?
Let's be honest if the Banks choose to reward their workers a cap isn't going to stop them.Its a sh1t argument from you that hardly deserves a reply.
Did the party you voted for not promise levelling up ? 🙄

The approach you always take is to not answer the question. I ask how much they should be paid, you don't give a figure which means you can always say 'It's too much'.

I am not in favour of a nurses pay cap, if a nurse can negotiate a £500,000 salary then go for it. No cap on anyone's pay is my approach, if you can sort it then good for you.

Now, I have answered your question. Try and answer mine, how much should the banker be allowed to earn?