Comment

Rescind John Murtha's Award from the Navy

166
Nevergiveup3/19/2009 9:51:43 am PDT

re: #157 subsailor68

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?

It’s got to be unconstitutional I would think to enact something like this? But who will challenge it?