Democrats Tax Back

In a quick and kind of kick ass move, the Democrat controlled House of Representatives angered over AIG giving themselves huge bonuses while taking tax payer bailout money, voted to tax the hell out of the bonus money. And in effect, taking the money back. According to MSNBC, "The bill would impose a 90 percent tax on bonuses given to employees with family incomes above $250,000 at American International Group and other companies that have received at least $5 billion in government bailout money." only 6 Democrats voted against the bill, with more than half the republicans voting against it. To be exact, 87 Republicans voted against it, as compared to 85 for it. Apparently the "party of no" has no problem with the rich getting huge bonuses for running companies into the ground.

Comments

Seattle Freeze said…
Makes me feel all warm inside. :)