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| Home Front: Politix |
| House Passes Bill To Tax AIG Bonuses |
| 2009-03-19 |
| So, since it was allowed to go through to prevent lawsuits, there will now be...lawsuits. Acting with lightning speed, the Democratic-led House has approved a bill to slap punishing taxes on big employee bonuses from firms bailed out by taxpayers. The vote was 328-93. Said House Speaker Nancy Pelosi: "We want our money back and we want our money back now for the taxpayers." Republicans called it a legally questionable ploy to paper over Obama administration missteps. Minority Leader John Boehner, R-Ohio, said the bill was "a political circus" diverting attention from why the administration hadn't done more to block the bonuses before they were paid. The bonuses, totaling $165 million, were paid to employees of troubled insurer American International Group, including to traders in the unit that nearly brought about the company's collapse. |
| Posted by:tu3031 |
| #7 ...passing a retroactive bill of attainder We don't need a stinking Constitution - We Won. /sarc off Remember that Congresscritters when your time comes. |
| Posted by: Procopius2k 2009-03-19 18:58 |
| #6 I would prefer they forget about AIG and not make fools of themselves by passing a retroactive bill of attainder. Instead, they should prevent the payment of bonuses at Fannie Mae and Freddy Mac. Better yet, disestablish them. |
| Posted by: rwv 2009-03-19 18:16 |
| #5 I'd really love to see how they are going to collect on the foreign employees who received the bonuses....in London where the offending AIG unit is based. |
| Posted by: Cornsilk Blondie 2009-03-19 16:15 |
| #4 Obama must make Hugo green with envy |
| Posted by: European Conservative 2009-03-19 16:07 |
| #3 Political posturing, nothing more. I am certain there are loop-holes big enough to drive a truckload of cash through. That or there will be processes written into next years tax code to cover this. How stupid do they think we are??? Money was given out and will never get back. Next elections will see tons of cash going into reelection campaigns. |
| Posted by: 49 Pan 2009-03-19 15:59 |
| #2 Since Congress is the ultimate cause of 90% of this mess, they should have their pay taxed at 90%, too. ALL of their pay. After all, they're always whining about fairness.... |
| Posted by: Barbara Skolaut 2009-03-19 15:24 |
| #1 Taxed at 90%. |
| Posted by: tu3031 2009-03-19 15:11 |