I usually support the government getting money from money hungry jerk offs who make way too much money than they could ever spend in the first place.
However...
I am really really annoyed that the House has just passed a bill to tax anyone who receives bonuses over $250,000 for 2009. It's a retroactive law, and I think it's bullcrap, unconstitutional, and just silly. What the hell did you think those big wigs were gonna do with the bail out money?
Let me just remind you, I also wasn't a fan of the original bail out bill. I think it's silly to interfere with private companies...especially those banks who i think knew VERY WELL exactly what they were doing. They knew the risks...they should pay. The TARP bail out hasn't helped a single compnay...but has helped many a individual to become richer.
And, if you think about it...it's stupid to tax 90% of the bonuses...the bank was already indebted to pay back that money to the government...so what was the point of the new bill.
I really hope it doesn't pass the Senate. I think it's silly, and I think we're spending too much time arguing about this bail out money than moving on to things that need to be taken care of.
That's my two cents.
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