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Old 03-20-09, 07:35 AM   #1
Dan D
Grey Wolf
 
Join Date: Jul 2002
Location: 9th Flotilla
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90 % tax on AIG bonuses

http://www.boingboing.net/2009/03/19...-aig-bonu.html
"The House of Reps [US]has a solution to those crazy AIG bonuses: a new tax that will claw back 90 percent of the income of anyone paid more than $250,000 by any firm that got more than $5 billion in bailout money."

Brilliant idea! My proposal would have been to give them some of these junk securities as bonuses.
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