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House passes bill taxing AIG and other bonuses (AP)

Started by riky, March 20, 2009, 01:01:42 AM

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riky

House passes bill taxing AIG and other bonuses
    (AP)

 


<p>You are not allowed to view links. Register or LoginAP - Denouncing a "squandering of the people's money," lawmakers voted decisively Thursday to impose a 90 percent tax on millions of dollars in employee bonuses paid by troubled insurance giant AIG and other bailed-out companies. The House vote was 328-93. Similar legislation has been introduced in the Senate and President Barack Obama quickly signaled general support for the concept.</p><br clear="all"/>


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