Bonuses, Taxes, and Goldman Sachs

So Goldman Sachs is giving bonuses in the form of stock. Seems like they were just caving to the populist outcry against Wall Street bonuses. Then yesterday in the WSJ the British made the case for doing a one time 50% bonus tax on bank bonuses. Today France is joining the tax bandwagon. So now it seems to me like Goldman is hedging against a possible tax on bonuses by hiding the bonuses in the stock awards. We'll see.