Goldman Sachs Timing Bonuses For U.K. Workers

NPR | Jan. 14, 2013 12:27 p.m.

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According to the Financial Times, Goldman Sachs is looking at waiting until the top British tax rate falls by 5 percent in April before paying out bonuses. In December, Goldman paid $65 million in bonuses to its top American-based executives before the tax rate rose for high income earners, as part of the Fiscal Cliff deal.