Comments on: How do you spend half a million?

By: Grandad

Grandad — Mon, 28 Dec 2009 17:56:33 +0000

Nolan – Unfortunately my savings would make my mattress a little bulky. Maybe I should just make a bed of solid gold?

By: Nolan

Nolan — Mon, 28 Dec 2009 15:36:45 +0000

Just don’t use them, banks that is.
Refuse to do business with people/companies you simply don’t trust or like.
Do the same in every part of your life and get rid of the slimey, underhand, thieving bastards for good.

By: Grandad

Grandad — Thu, 19 Nov 2009 13:43:27 +0000

If you ask me, those wbankers should be forced to work for the minimum wage, considering they are the bastards who got us into this mess.

By: Cap'n Con

Cap'n Con — Thu, 19 Nov 2009 12:58:10 +0000

It’ll be benchmarked against the going rate for bank CEO’s which bank boards have been busily fiddling upwards via their ‘Remuneration Committees’ over the years.

What you do is get a whole load of Non-Executive Directors recommending what pay should be and the higher they pay the CEO’s the more board members can seek.

Its self-regulation at its very finest- ie non-existent. I like the windfall tax idea on any pay scale above the upper limit at 100%.

The reason banks and companies generally get away with screeching that it would make the economy uncompetitive is because the threat is these financial geniuses would open their wings and fly away if they aren’t paid obscene salaries. Let ‘em fucking fly. Dublin is not Wall Street nor Threadneedle Street or even Hong Kong.

How many of these fuckers are registered as ‘non-domestics’ for tax purposes anyway? I think they should have to declare whether they are non-doms or not because to my mind someone who does not pay income tax in a state does not have the right to put forward an argument on tax rates, salaries or anything else in that country.

By: Jim C

Jim C — Thu, 19 Nov 2009 11:44:02 +0000

I don’t if she could spend the entire half million, but I am sure that given a year my wife could make a serious dent in it.
I also keep in mind that I am paying for a car what my father paid for a house and that a house costs more then my father made in a decade or more.

By: Shannon

Shannon — Thu, 19 Nov 2009 07:11:30 +0000

What a brilliant post Grandad. I couldn’t agree with you more!

By: Sean

Sean — Wed, 18 Nov 2009 17:14:56 +0000

Be cheaper to pay a hitman from Clondalkin to take him out and we’d have change left over to bring in a proper banker from Liechtenstein or Switzerland…

By: Mark Webster

Mark Webster — Wed, 18 Nov 2009 15:26:21 +0000

Now ye’re talkin’ – hope boards don’t sue me for that!

By: Grandad

Grandad — Wed, 18 Nov 2009 15:21:19 +0000

So what they should do is remove the cap on the salary, and introduce a tax band of 90% on salaries over €500,000. That would solve a few problems.

By: Mark Webster

Mark Webster — Wed, 18 Nov 2009 14:46:01 +0000

Completely agree, but (and I could be very wrong here) if they don’t pay him the extra 133K then it will probably end up in the banks profits for the year – on which they pay 20% tax (I think). If they did pay it then he’d be paying 41% tax on it. So we lose out as per usual.