‘Robin Hood tax’ will hit 10,000 City bankers with £1m bonuses

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10,000 City bankers hit £1m jackpot: Grotesque payouts are set to double | Mail Online.

Want to know where part of the incidence of the Robin Hood Tax will fall? The Mail notes:

Up to 10,000 City bankers are in line for pay packages of more than £1million, thanks to super-size bonuses, experts said yesterday.

Detailed forecasts being used by major banks suggest that a quarter of their investment bankers will be rewarded with £1million average pay packages, senior City sources have told the Daily Mail.

That's where a large part should fall.