How about squeezing till the pips squeak the idiots that started the whole thing off, the bankers and stockbrokers.
Why are we paying the price for the stupidity and greed of a few? I don't see the bankers taking a big cut in bonuses.
As for punishing the successful, the wealthiest tax payers pay significantly less tax as a proportion of their income, compared to the lowest tax payers. Many have accountants that save them paying any tax at all.
Money saving schemes:
Scrap the nuclear deterrent, we don't need nuke missiles to fight the Taliban!
Pass a law allowing the CEO and similar to earn no more than 10 times what the lowest earns in the organisation for the public sector
A 75% supertax on bonuses more than £10,000 p.a.
A 75% Supertax on earnings of £500,000 or more
I work in the public sector and have had 2 years of below inflation pay awards and am currently on a pay freeze, there are many in a similar position to myself. It sickens we to the core to know that I, and others like me, are paying the price for the stupidity of the upmarket 'bookies' that run our financial sector.