Today we took one step down the path of destruction. Now I know, "The big bad men took bonus' from the taxpayers!" That was bailout money to be used to save the company, but instead they used it to line their own pockets.
Now, I am not going to say you are foolish to believe that. But if you think that we need to grab our pitchforks and start chasing them down, well, I would call you uninformed.
Do they actually deserve the money? I don't know. However they had a contract, thanks to our governing 'asses' they were allowed to keep it.
But enough of that. That was only the flies on the poop.
Today, the house passed a bill, 328-93, that would tax individuals on any bonuses received in 2009 from companies getting $5 billion or more in money from the Troubled Asset Relief Program, or TARP. Bonuses for people with incomes over $250,000 would be taxed at a 90 percent rate. ((http://www.cnn.com/2009/PO
I can not express my fears for the precedent that this gives!
REGARDLESS of your political beliefs, liberal, conservative, moderate or fracking nut job, this shit is scary!
There has been 'taxation without representation.' But never before on this level have we ever singled out a group, (as of NOW,) law abiding U.S. citizans, to commit 'taxation for vindication!'
If they do not deserve the money, we can sue them, or use any other of a long list of LEGAL means to recoup the less then 1% of the total bailout money from them. But we didn't. Why, there were no legal means as of yet, because there is no proof of wrong doing.
We came to a very, very dangerous fork in the road to our future today, and in my eyes, we went down the wrong path!
Please if nothing else watch them, and remember when election day comes. It has come time to start voting not our party, but our country's future.
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