Bankers face a 90pc bonus tax

IRISH finance minister Brian Lenihan said yesterday he would impose a 90 per cent tax on bankers’ bonuses, in a move to try to silence critics who have said the banking sector drove Ireland into the ground.

“I do propose to introduce the amendment to the finance bill to put this matter beyond any doubt and provide a high rate, a 90 per cent rate of charge on any...bankers’ bonuses,” Lenihan said. Lenihan was referring to a bill which is expected to be ruled on early next year.