The Icelandic public will pay ,goverment raises taxes

The goverment is going to pay the banking debts, and to get more money ,it will raise taxes on the public.
Income tax ,VAT tax , and raise tax on what people have to buy .

Like they say ,if banks are doing good, the stockholder earns more money, but if Banks are not doing good, then the public pays.

Yesterday, people attended in front of the goverment house ,to protest ,that Iceland should pay the Icesave ,account,that was made by a private bank.