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House Approves 90% Tax Rate on Bonuses
Message
De
19/03/2009 15:39:36
 
 
À
19/03/2009 15:30:09
Information générale
Forum:
Employment
Catégorie:
Bonus
Divers
Thread ID:
01389719
Message ID:
01389745
Vues:
37
>>>>Just passed the house according to CNN.
>>>>
>>>>I wonder if it was written specific to those companies who received a hand-out? If not, not too many folks who hoped for bonuses this year will be receiving much $...
>>>
>>>It seems it's limited for companies receiving more than $5B in government money and individuals making more that 250K/year. AFAIK US Constitution has a clause specifically prohibiting narrow-taylored legislation, i.e. law singling out small (I think literal number is written there) group of people.
>>
>>Yeah, but never mind that. This is uncharted territory... we're in financial crisis here.
>
>Something needs to be done?

Yeah. I love litigations and law suites that go one forever and tie up billions of more tax payers $$$s, don't you?
http://www.foxnews.com/politics/first100days/2009/03/18/congress-invites-court-challenge-aig-taxation-plan-lawyers-say/

you gotta hand it to 'em. we have the best politicians our money can buy.
The American Republic will endure, until politicians realize they can bribe the people with their own money.
- Alexis de Tocqueville

No man’s life, liberty, or property is safe while the legislature is in session.
– Mark Twain (1866)
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