Tuesday, March 17, 2009

A model of efficiency

New bill would tax AIG bonuses at 100%; from Newsday.


Stephanie said...


Scooter said...

Can Congress tax a group of individuals like that? Could it tax lawyers at a higher rate than everyone else?

Stephanie said...

Don't know but it seems like It should be able to tax bonuses received from companies that were recipients of bailout money.

Scooter said...

Know that I agree that the money should be returned.

This is just smacking of ex post facto stuff if the restrictions weren't there to begin with.

Even if the restriction had been there (as the so-called "Dodd Amendment" makes clear they weren't) it seems the claim would be against AIG and not the individuals.