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It is beyond outrageous that the very people who brought AIG to its knees and helped create the current financial crisis are scheduled to receive hundreds of millions of dollars in bonuses while tax dollars keep their company afloat. These bonuses are in effect a raid on taxpayer dollars. The legislation I’m proposing will get taxpayers their money back. Congress must act swiftly on this matter to show AIG, other companies receiving federal support and taxpayers that we mean business when we say that tax dollars are not to be used to enrich company executives.Kudos to the freshman congressman for expressing the right amount of outrage and determination. His plan, a big time tax on these types of bonuses is great. Read about it at the link. This is the type of creative progressive legislation that will win the confidence of the American people. Mr. Peters has a great future ahead of him.
Source - Daily Kos
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