and since you cant sue the government, (well you can but then your pretty much a goner). I'd say those folks are pretty much cooked and done for.
House approves bill to tax AIG bonuses at 90%
By Rex Nutting
Last update: 2:50 p.m. EDT March 19, 2009Comments: 164
WASHINGTON (MarketWatch) -- Responding to the anger about bonuses paid to AIG traders, the House approved a bill Thursday that would impose a punitive 90% tax on bonuses paid by American International Group Inc. (AIG:American International Group Inc
AIG 1.61, +0.23, +16.7%) and other financial companies that receive federal help. The vote was 328-93. The bill would apply to bonuses of people making more than $250,000 a year, and would apply only to payments from companies getting more than $5 billion from the federal government.
This is pretty good...
Started by
nimblebear
, Mar 19 2009 02:22 PM
No replies to this topic
#1
nimblebear
-
- Traders-Talk User
- 6,062 posts
Welcome to the Dark Side !
Posted 19 March 2009 - 02:22 PM
90%.
You can't have yur bonuses and eat them too apparently !
and since you cant sue the government, (well you can but then your pretty much a goner). I'd say those folks are pretty much cooked and done for.
House approves bill to tax AIG bonuses at 90%
By Rex Nutting
Last update: 2:50 p.m. EDT March 19, 2009Comments: 164
WASHINGTON (MarketWatch) -- Responding to the anger about bonuses paid to AIG traders, the House approved a bill Thursday that would impose a punitive 90% tax on bonuses paid by American International Group Inc. (AIG:American International Group Inc
AIG 1.61, +0.23, +16.7%) and other financial companies that receive federal help. The vote was 328-93. The bill would apply to bonuses of people making more than $250,000 a year, and would apply only to payments from companies getting more than $5 billion from the federal government.
and since you cant sue the government, (well you can but then your pretty much a goner). I'd say those folks are pretty much cooked and done for.
House approves bill to tax AIG bonuses at 90%
By Rex Nutting
Last update: 2:50 p.m. EDT March 19, 2009Comments: 164
WASHINGTON (MarketWatch) -- Responding to the anger about bonuses paid to AIG traders, the House approved a bill Thursday that would impose a punitive 90% tax on bonuses paid by American International Group Inc. (AIG:American International Group Inc
AIG 1.61, +0.23, +16.7%) and other financial companies that receive federal help. The vote was 328-93. The bill would apply to bonuses of people making more than $250,000 a year, and would apply only to payments from companies getting more than $5 billion from the federal government.
OTIS.
