The Obama CYA Act of 2009

By: Brian Darling (Diary)  |  March 19th at 01:37 PM  | 

The House is debating HR 1586, a bill that would tax bonuses given to employees of bailed out businesses.  The bill would tax “90 percent of the TARP bonus received by the taxpayer.”  The TARP recipient’s employer must have received the money from “the Emergency Economic Stabilization Act of 2008″ (the TARP bailout), “the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation”, “members of | Read More »