Today the House of Representatives voted to tax the recipients of AIG bonuses to be taxed at 90%. These bonuses were contractual obligations, which were recently approved by Barack Obama and Congress. Now, amid public outcry, the House of Representatives wants to seize this legally acquired money from private citizens with a specific tax.
Did you ever imagine Congress would be writing laws to seize money from specific people? Did you ever imagine, Congress would go after individuals? Today, it is AIG employees. Next time it could be you.
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