Wednesday, March 18, 2009

AIG Bonuses Face Possible 100% Tax

So today's congressional and presidential tirades involve the bonuses paid to AIG employees, bonuses that were to be paid according to contractual agreements reached before the government bailout. Now our whiny leaders want that money back (money that was accounted for before the bailout) and have decided if those receiving the bonuses do not give it back then they will take it by passing retroactive laws that collect 100% of the bonuses for taxes.

People this is not rocket science. The government is taking money they are not entitled to and are using the cry of "it belongs to the taxpayer" to drum up support. The problem is no taxpayer will receive any of the money that is returned.

People wake up. Your rights are being stripped. Your freedom of choice is being stripped. Your ability to take care of yourself...well the government would prefer that you allow them to do that.

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