Thursday, March 19, 2009

90% Tax on AIG Bonuses

Well this is just in.  The House has approved a 90% tax on bonuses issued to AIG executives with a househouse income over $250,000 a year.  I like this move.  It's not taking back the bonuses, but taxing it to recover the taxes the rest of the American People have paid to bail them out.  

The bill passed is 328-93.

Seems like both Republicans and Democrats agree with this bill that does not only cover AIG but other corporations that received tax payers bailout money.

Nice work!

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