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  With the whole world sick up to their proverbial eyeballs with the culture of huge city earnings...dear old Tory Boris Johnson, flagship Conservative Mayor of London, is urging that we dont tax these guys over and above the normal. Boris feels any punitive reigning in, will be an inhibitor to enterprise.
  
  Suddenly this kind of thinking and speaking smacks of an age long gone...the age of the dinosaur. These guys in the city get huge remuneration, and even with heavier taxation as is proposed by labour and indeed the Conservative Party itself as I understand it, are more than amply awarded for their meagre talent.
  
  The 'inhibitor to enterprise' argument is an old one and it wont wash anymore, the rewards are still there.. but also that other old chestnut needs addressing, the one that feeds our fears that all our talent will clear off overseas at the merest whiff of a tax increase. Cobblers. Where are all these city so called superstars supposedly about to bugger off to if we tax them... nowhere! Nobody is going anywhere! I hate that ould red herring bigtime.
  
  David Cameron, freshfaced conservative leader, is also it seems " sick of the fat cat culture" so where does that leave poor oul Boris...out dangling on a high rise limb!
  
  Of course the City is in his durisdiction as Mayor, and no doubt after perhaps a good dinner up town he was convinced this was the right argument. However millions of Londoners who voted for Boris Johnson will not be amused by this...not with most of them struggling to stay afloat. They will have little sympathy for bankers and high flyers.

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