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Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Monday, October 4, 2010
London's Bonus Tax Backfires: City Loses $791 Million In Tax Revenues
Posted By Milton Recht
According to a Business Insider article, "London's 50% Bonus Tax Continues To Fail Miserably, Now Costing City $791 Million Annually," one in four hedge funds have left London since the bonus tax was instituted.
Read more of the article here or embedded below.
Read more of the article here or embedded below.
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