Thursday, March 19, 2009

House Passes Bill Taxing AIG Bonuses 90%

After approving the AIG Bonuses the House under the leadership of Her Royal Majesty Nancy Pelosi, D-CA passed a 90% tax on the AIG Bonuses.

Scary---if Congress can select one group of people to tax at a 90% rate, whose money will they tax at exorbitant rates next ?

More here from Yahoo Finance

Related: First they came for AIG Bonuses

The first step towards fascism---House passes 90% tax on bonuses