WASHINGTON, DC, 05:01 AM, TUE NOVEMBER 24 | Advertise on Wonkette | tips@wonkette.com | SUBMIT A TIP | RSS

Posts Tagged ‘bonus’

PONZI SCHEMES

House Approves 90% Tax On AIG Bonuses

Thursday, March 19th, 2009

Should 5% appear too small, be thankful I don't take it all ....This will learn ‘em good: The House of Representatives just passed this “tax those fancy stockjobbers at the 90% rate” legislation, which means the federal money used to pay off these bailout bitches will now be taxed at 90% — if the bonus-getter’s income is over $250,000, so Joe the Plumber is still safe from socialism — which means the money will be filtered through these people who destroyed the Global Economy (with the permission of Alan Greenspan and Reagan’s Ghost) for a !0% commission. So if your bonus for ruining Earth was, say, a million bucks this month, at least you’ll still have a $100,000 left over for cocaine. MORE »