90 % tax on AIG bonuses

Sea Demon · 03-20-09, 06:29 PM

There is a danger here. These Dem politicians in Congress are targeting specific individuals who have received some money that they, for political purposes, just do not want them to have. So they're going to pass a law allowing the government to confiscate that money. Regardless of the inappropriateness of AIG bonuses, the government wielding this kind of selective enforcing power over individuals and their property for political purposes is much worse. And as we all know, the government not only knew about the bonuses beforehand, but have acknowledged they're legal contracts (no law has been broken), and Obama himself got a little bonus himself from AIG. Is he going to give it back? This stinks to high Heaven.

03-20-09, 06:29 PM	#11
Sea Demon Ocean Warrior Join Date: Mar 2004 Location: USA Posts: 2,552 Downloads: 33 Uploads: 0	There is a danger here. These Dem politicians in Congress are targeting specific individuals who have received some money that they, for political purposes, just do not want them to have. So they're going to pass a law allowing the government to confiscate that money. Regardless of the inappropriateness of AIG bonuses, the government wielding this kind of selective enforcing power over individuals and their property for political purposes is much worse. And as we all know, the government not only knew about the bonuses beforehand, but have acknowledged they're legal contracts (no law has been broken), and Obama himself got a little bonus himself from AIG. Is he going to give it back? This stinks to high Heaven.