OT, but troubling:
House debates bill taxing AIG and other bonuses
From the article:
Democrats rushed a bill to the House floor on Thursday to levy a 90 percent tax on bonuses paid to employees with family incomes above $250,000 at companies that have received at least $5 billion in government bailout money. A vote was expected later Thursday.
And the most despicable lines:
“We figured that the local and state governments would take care of the other 10 percent,” said Rep. Charles Rangel of New York, chairman of the tax-writing House Ways and Means Committee.
Whatever one thinks of the bonus situation, this is something that just doesn’t seem right. Any lizards here with a constitutional law background?