Been watching with interest the events in Cyprus re their Bailout. The move to tax savings while seemingly drastic on the one hand is a great way for a Government to literally take money out of peoples pockets.
While we are seemingly moving in the right direction economy wise i was wondering if this is something our crowd could contemplate doing? Despite voting for them i no longer have any faith in them (speaking here as a 'middle class' semi stae employee with a public sector spouse and apparently considered 'wealthy'!). They have caught us every other way, here's a great one for them.
Or if a move like this was entertained would it cause a complete breakdown of the bank system with a run on deposits and such like.
While i may jest it certainly has got me thinking. I know we have the guarantee on deposits to 100k but i must not be the only one looking at this with more than just a passing interest...or am i?Even a small percentage tax on deposits would net the coffers a tidy sum.
While we are seemingly moving in the right direction economy wise i was wondering if this is something our crowd could contemplate doing? Despite voting for them i no longer have any faith in them (speaking here as a 'middle class' semi stae employee with a public sector spouse and apparently considered 'wealthy'!). They have caught us every other way, here's a great one for them.
Or if a move like this was entertained would it cause a complete breakdown of the bank system with a run on deposits and such like.
While i may jest it certainly has got me thinking. I know we have the guarantee on deposits to 100k but i must not be the only one looking at this with more than just a passing interest...or am i?Even a small percentage tax on deposits would net the coffers a tidy sum.