Mum, I want to be a buy-out Executive

Well, how good is this Labour Government!!

I just learned that I just need to work for a big Investment Company and I would be able to reduce my 40% tax contribution to just 10%.

How great Capitalism is!

Let’s face. When news like this are highlighted, we -as for those who are just not in the high wages league- can just feel betrayed.

How is it possible that Financial Times reporter the following:

Nicholas Ferguson, one of the most prominent figures in Europe’s private equity industry, has broken the sector’s taboo on tax by criticising the fact that top buy-out executives “pay less tax than a cleaning lady.”

Gordon Brown has been the right hand of Tony Bliar for years, does it mean he will break from the policies already in place?  Well, election is ahead, have  your say!!


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