I have a feeling now that the obama administration has sufficiently demonized capitalism, there will be a massive loophole when they file their taxes.
Most of these capitalist’s are friends of obama and donated to his campaign and he won’t throw them to the wolves without throwing them a escape clause where they will get their money back.
It will all be under the radar, of course.
America thanks Rep. Rangel for his excellent idea of taxing all those
‘bonus’ dollars above $250,000 at a 90% rate. Clearly these individuals were ‘fortunate’ to have those dollars and clearly didn’t ‘earn’ them. Patriotic Americans everywhere concur. Clearly this is not a ‘writ of attainder’ since you have openned the tax to every patriot in America. Again I concur, since this list will apply to government employees, Congressmen, Union Leaders, as well as private sector employees, CEOs, union leaders, actors, actresses, pro athletes, etc. The lists of individuals to generously and patrioticly send these 90% tax dollars to washington on their ‘bonus’ money above earnings of $250,000 will be welcomed. The list is endless and no longer applies just to those 73 AIG employees who have worked to keep the financial system bandaids in place for the last year or so. The list every patriot could make of course varies, but patriots everywhere are making their own lists! Personally, my list would include such patriotic celebrities as Michael Moore, Jay Leno, Barrack Obama, Chris Dodd, Tom Daschle, Bill Clinton, Mark Rich, Frank Raines, Jamie Gorelick, Rahm Emanuel,Al Gore, Sandy Weill, Warren Buffett and Bill Gates... But I’m sure that you had a different list of patriots in mind, and others will have their own lists, I’m sure. But we all have something to look forward now on Tax Day as an overly generous President Obama will have all these windfall taxes available to spend on all his worthwhile projects.
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The full roll call vote on HR 1586, tax cheat Charlie Rangels ass-covering, after-the-fact AIG bonus tax here. I have broken out the 85 Republicans (led by GOP Minority Whip Eric Cantor) who voted with Rangel and the Democrat demagogues:
Kirk, Mark (RINO-IL)
Not surprisingly, Cap-n-traitor Kirk is on the wrong side AGAIN. Yet the Kirk apologists continually claim this socialist is "with us when it counts"