Wednesday, January 13, 2010

Best Idea in a while

http://thehill.com/blogs/blog-briefing-room/news/75459-dem-congressman-introduced-50-tax-on-bonuses

So the banks who received our tax money thanks to George Bush are going to start announcing how much money they paid in bonuses in 2009. Keep in mind the banks, thanks to deregulation, almost bankrupted our country. Now I said at the time let them fail because of those bonuses and still feel the same but I heard a great idea from Democrat Peter Welch who introduced legislation that would have a %50 tax on all bonuses over $50,000. Congrats sir that is the best idea but it should be on over $1000. These are bonuses so undeserved.

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